Tag: Employee Retirement Income Security Act

Federal judge allows lawsuit against American Airlines’ defined contribution plans to proceed.   

A judge determined the retirement plan recordkeeper and third-party administrator misappropriated millions in clients’ plan assets.  

A lawsuit against the Hess Corp. alleges Hess plan fiduciaries included target-date mutual funds instead of collective investment trusts in...

Alerus adds retirement plan consultant; Vestwell appoints pair of regional VPs; Wagner Law Group adds to Taft-Hartley practice; and more.

According to a Morningstar report, large private sector pension funds’ experience allocating to PE is not particularly instructive for defined...

San Francisco-based Woodruff Sawyer enters the pooled employer plan market, seeking to attract startup plans through the firm’s private equity...

The regulator prevailed in motions against a Pennsylvania retirement third-party administrator it alleges stole $5.5 million in retirement plan assets...

The Pension Benefit Guaranty Corporation has escalated legal proceedings against a pension plan sponsor that allegedly stopped paying insurance premiums,...

A restraining order has been filed in the Department of Labor lawsuit against Pennsylvania third-party administrator RiversEdge.

Maine federal judge approves agreement reached between the Department of Labor and a Maine excavation company that was shuttered in...

Republicans appeal to the U.S. 5th Circuit Court of Appeals, requesting it strike down the rule that permits environmental, social...

Boilermaker-Blacksmith National Pension Trust claims arbitrator Richard C. McNeill Jr. incorrectly ruled that GE satisfied the building and construction industry...

The Department of Labor filed a lawsuit against Blue Cross Blue Shield of Minnesota, claiming the third-party administrator became a...

The Department of Labor has filed complaints against two separate plan sponsors, alleging identical fiduciary breaches.

Health care system 403(b) participant fees alleged to be too high in fiduciary breach case.   

The Department of Labor keeps working to implement provisions of 2022’s SECURE 2.0 Act alongside further rules for retirement and...

Employees allege the Tyson Foods plan committee did not monitor and negotiate for reasonable recordkeeper fees.

A pension participant in Florida is suing after his benefits were allegedly reduced.

Appellate courts have different interpretation of prohibited transaction rules under the Employee Retirement Income Security Act, paving the way for...

The McCullough, Campbell & Lane LLP retirement savings plan owes an average of more than $200,000 to 25 participants.