Law Firm Files Four More Lawsuits Against University 403(b) Plans
This is the second lawsuit filed against Columbia University this week.
Tag: 403(b)
403(b) Plan Sponsors Focusing More on Outcomes
PSCA's survey found a 24% increase from last year in sponsors measuring their participants’ ability to meet retirement income goals.
What the 403(b) Excessive Fee Lawsuits Do Not Consider
Attorneys point out distinctions between 403(b)s and 401(k)s, and lessons 403(b) plan sponsors can learn from recent lawsuits.
Columbia University Target of ERISA Excessive Fee Suit
The lawsuit claims the university’s 403(b) plans’ investment options were imprudent and expensive.
(b)lines Ask the Experts – Beneficiary Rules for Non-ERISA Church Plans
“We are a denominational church plan that has not elected to be covered by the Employee Retirement Income Security Act...
More University 403(b) Plans Targeted in Excessive Fee Suits
The complaints are nearly identical, with a few exceptions.
Duke University Employees Sue Over 403(b) Plan
The suit calls out the traditional 403(b) plan model of offering multiple funds, including individual annuities, and using multiple recordkeepers.
(b)lines Ask the Experts – Are Governmental Plans Free From ERISA-Like Regulations?
“I was surprised to learn in your recent Ask the Experts column that governmental plans are always exempt from the...
Court Enforces 401(a) Plan’s Mandatory Arbitration Provision
The spouse of a deceased participant in the plan argued that the provision’s requirement that she share the cost of...
Trinity Health Settles Church Plan Lawsuit
The health system will pay millions to its plans and former participants and agreed to keep the plan sufficiently funded.
9th Circuit Weighs In on Dignity Health’s Church Plan Status
The appellate court agreed with a lower court that the health provider’s pension plan did not fit the definition of...
Even 403(b)s With Multiple Providers Can Improve Plans
Aside from provider consolidation, Rocaton Investment Advisors suggests steps 403(b) plan sponsors can take to improve participant outcomes.
Cases Questioning Church Plans Petitioned to Supreme Court
Appellate courts have ruled that the pension plans of Advocate Health Care and St. Peter's Healthcare System are not “church...
(b)lines Ask the Experts – Can Governmental 403(b)s Elect to Be ERISA Plans?
A governmental 403(b) plan sponsor attending the non-ERISA 403(b) Update panel at the 2016 PLANSPONSOR National Conference asked a question.
(b)lines Ask the Experts – Is A Financial Audit a Good Idea for a Non-ERISA Plan?
"We are a governmental 403(b) plan sponsor.
(b)lines Ask the Experts – When Is a Loan Considered to Be in Default?
“I noticed that you have written a number of Ask the Experts columns regarding loan defaults, but none of those...
(b)lines Ask the Experts – Delaying RMDs When Switching to Controlled Employer
“I work with the retirement plan of a private university that sponsors an Employee Retirement Income Security Act (ERISA) 403(b)...
Participants Say DC Plans Fall Short in Key Areas
Forty-five percent of participants believe their DC plans will not help them meet their retirement goals, according to a Prudential...
New Church Plan Lawsuit Presents a Different Angle
While other lawsuits question a retirement plan’s “church plan” status, a new suit contends a church plan elected to be...
(b)lines Ask the Experts – Must Participant Loans Be Paid Upon Termination?
“Our recordkeeper insists that the final loan regulations require repayment of the loan upon termination of employment, but I have...