Compliance | December 8th, 2014 Fiduciaries of Fake Union Plan Ordered to Pay $4.7M A court determined the fake Professional Industrial Trade Workers Union was a front for a scheme to operate a purported,...
Opinions | December 5th, 2014 Is a Core Fund Menu Required? Does an ERISA fiduciary have an obligation to construct a core fund menu?
Compliance | December 4th, 2014 Plenty of Regulatory Action Ahead for Retirement Industry Experts from Drinker Biddle & Reath LLP had no shortage of topics to cover in a recent discussion about potential...
Compliance | November 13th, 2014 Form 5500 Filings Can Reveal Prohibited Transactions Retirement plan sponsors should be on the lookout for prohibited transactions that may or should be revealed on the Form...
Compliance | November 10th, 2014 Guidance for MEP Form 5500 Changes Issued The U.S. Department of Labor's Employee Benefits Security Administration (EBSA) published an interim final rule to implement Form 5500 annual...
Compliance | November 3rd, 2014 Plan Fiduciaries Liable for Mispriced ESOP Stock Purchase The owner of Bruister and Associates and trustees of its employee stock ownership plans (ESOPs) were found responsible for causing...
Compliance | September 22nd, 2014 Ensuring You Have a High-Quality Plan Audit September 22, 2014 (PLANSPONSOR.com) - Retirement plans with more than 100 employees eligible to participate must include a plan audit...
Compliance | September 22nd, 2014 IRS Issues Guide for Retirement Plan Reporting September 22, 2014 (PLANSPONSOR.com) – The Internal Revenue Service (IRS) has created a guide for retirement plan sponsor reporting and...
Compliance | August 27th, 2014 Government Backs Top Court Review of 401(k) Plan Fee Case August 27, 2014 (PLANSPONSOR.com) – The U.S. Solicitor General has filed a brief asking the United States Supreme Court to...
Compliance | August 20th, 2014 DOL Wants Input About DC Plan Brokerage Windows August 20, 2014 (PLANSPONSOR.com) – The U.S. Department of Labor (DOL) issued a request for information (RFI) about the use...
Benefits | August 14th, 2014 Not the Time for In-Plan Income, PEI Says August 14, 2014 (PLANSPONSOR.com) – Current conditions in the retirement benefits arena make in-plan lifetime income solutions a difficult proposition...
Compliance | August 8th, 2014 Company Owner Personally Liable for Missing Contributions August 8, 2014 (PLANSPONSOR.com) – Charles David Snyder, fiduciary to the Cleveland-based Attevo 401(k) retirement plan, has been ordered by...
Compliance | July 25th, 2014 Plaintiffs Granted Summary Judgment in Church Plan Case July 25, 2014 (PLANSPONSOR.com) – A federal district court in California has granted a motion for partial summary judgment against...
Compliance | July 24th, 2014 EBSA Schedules Health Benefits Seminars July 24, 2014 (PLANSPONSOR.com) – The Department of Labor's Employee Benefits Security Administration (EBSA) announced that there will be two...
Benefits | July 2nd, 2014 Current Guidelines for Electronic Communications July 2, 2014 (PLANSPONSOR.com) – Delivering all required retirement plan information can be time-consuming and expensive, but it’s a necessary...
Benefits | June 23rd, 2014 The Impact of Leakage on 401(k) Accumulations June 23, 2014 (PLANSPONSOR.com) – A new analysis from the Employee Benefit Research Institute (EBRI) shows preretirement 401(k) account withdrawals...
Compliance | June 11th, 2014 Groups Weigh In on Proposed Fee Disclosure Regs June 11, 2014 (PLANSPONSOR.com) – From excluding large plans to asking for wording that would prompt...
Compliance | June 9th, 2014 PSNC 2014: Washington Update June 9, 2014 (PLANSPONSOR.com) - The Department of Labor (DOL) has increased full-scope audits of retirement plans, said Lisa Barton,...
Compliance | June 6th, 2014 Lumber Company Sued for Mismanagement of Plan Assets June 6, 2014 (PLANSPONSOR.com) – The Department of Labor (DOL) has filed a lawsuit to recover 401(k) plan assets mismanaged...
Compliance | May 30th, 2014 Realtor to Repay Plan for Bad Real Estate Investment May 30, 2014 (PLANSPONSOR.com) – A federal district court has ordered an Oregon realtor to repay more than $400,000 to...