Tag: defined contribution retirement plans

A class of participants was certified in a federal district court lawsuit against American Airlines’ Plan for Pilots.  

In less than a year in the program, News Corp. reports strong uptake from participants enthusiastic about repaying loans while...

EBSA will publish rules to open Abandoned Plan Program eligibility to Chapter 7 bankruptcy trustees.  

Devane named a director at SageView; Riley joins NEPC defined contribution team; AdvicePay promotes Lewis to president; and more.  

Implementing the Saver’s Match may benefit plan sponsors in multiple ways, finds the Collaborative for Equitable Retirement Savings.

San Francisco-based software company seeks a settlement in lawsuits that alleged the 401(k) plan charged participants excessive fees.

The Pension Benefit Guaranty Corporation is seeking damages from a construction company after the PBGC took over its terminated pension...

Broadridge names Kirkland to head of mutual fund regulatory unit; Standard brings in Orr to lead AI use across organization;...

Voya Adds Two New MEP Roles; Congruent Creates Chief Revenue Officer Role; PCS Hires Kirtland to lead business development; and...

Connecticut-based energy company Avangrid is among the first plan sponsors to implement BlackRock’s LifePath Paycheck.

The amended complaint against the Hess Corp. alleges Hess plan fiduciaries provided target-date mutual funds instead of collective investment trusts...

Determining which medical account options to offer their employees requires employers to understand how their health care coverage benefits work...

Low- and moderate-income workers understand the importance of establishing emergency savings accounts and want options, research finds.

Paychex plans to fight a New York retirement lawsuit, alleging fiduciary breach in federal court rather than state court.  

Vermont said the state will negotiate an agreement this year to help establish the new program, VT Saves.  

The action would appoint an independent administrator and distribute assets to the profit-sharing plan’s participants.

Department of Labor brings a lawsuit against the profit-sharing plan of a criminally indicted Pennsylvania mushroom farm retirement plan.

Despite net inflows to mutual funds in February, reversing the long-term trend of outflows is unlikely, according to analysts.

Voya adds bereavement, NQDC benefit services; Fidelity Investments bolsters financial education; BNY Mellon’s Pershing taps fintech provider to assist annuity...

A federal court in Maryland ordered a defunct engineering company and its owner to pay $388,458 to restore missing contributions...