Is Change Coming for 403(b) Plan 5500 Filings?
Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.
Tag: ERISA
Live Nation Faces Excessive Fee Lawsuit
Participants claim that Live Nation offered higher-cost share classes for its 401(k) plan when identical, cheaper options were available.
Retirement Industry People Moves
Franklin Templeton appoints Dean R. Sackett III to managing director of government affairs; Hall Benefits Law adds Alex Bruckner; National...
LinkedIn Settles 401(k) Excessive Fee Complaint for $6.75 Million
The social media company has agreed to pay participants in a class action case who alleged it did not shop...
DOL Appoints 5 New Members to the ERISA Advisory Council
The new members represent accounting, insurance and the interests of employers, employees and the general public.
SECURE 2.0 RMD Change Could Cause Trouble in States With Certain Unclaimed Property Laws
Kentucky, Maine, Colorado and Nevada will have to update their escheatment laws or take the risk of unjustly taking over...
Judge Dismisses TDF Complaint Against Microsoft
Microsoft has been spared one of a string of lawsuits against plan sponsors over putting retirement savers in a BlackRock...
ERISA Case Against Dish Network Likely to be Dismissed
A federal magistrate judge found that the plaintiffs did not adequately state a claim of excessive fees.
Deloitte Vindicated in Excessive Fee Dismissal
An ERISA suit filed in 2021 alleged that Deloitte did not monitor the fees being charged to its 401(k) plan.
Should We Continue to Refer to Our 403(b) Plan by an Outdated Name?
Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.
Texas Area Counseling Service Found Exempt from 403(b) ERISA Requirements
The service was found to be in a legal safe harbor, but the case continues against the plan adviser.
California Food Processing Firm Sued for Alleged ERISA Violations
Participants of a retirement plan sponsored by Ventura Foods allege that Ventura’s mismanagement cost their retirement savings significantly.
403(b) Plans Will Continue to Act More Like 401(k)s with SECURE 2.0 Changes
Plan sponsors offering 403(b) plans may be able to operate them more like 401(k)s after SECURE 2.0, according to experts.
Molina, flexPATH ERISA Suit Continues, But Adviser NFP Dropped
A federal judge is allowing a plaintiff’s lawsuit against plan sponsor Molina Healthcare and TDF provider flexPATH to continue, but...
2023 ERISA Plan Compliance Calendar
A schedule to help plan sponsors track important due dates for their plan
ERISA Suits Against Capital One and Booz Allen Hamilton Dismissed
The attorney for the plaintiffs says they will likely amend their lawsuits and re-submit after dismissal in U.S. District Court.
New DOL Proposal Would Allow Fiduciaries to Self-Correct Certain Errors
If certain conditions are met, the proposal would allow fiduciaries to correct mistakes themselves without incurring a civil penalty.
ESG Is Now Permissible, But Not Required, Under ERISA
The DOL rule is designed to reduce legal uncertainty and obstacles to ESG investment.
Judge Sides with Nestlé In Request to Dismiss 401(k) Class Action Suit
Judge recommends dismissal of a class action lawsuit brought by a participant against Nestlé with accusations of unnecesarily high fees...
Juniper Agrees to Settle ERISA Suit for $3 million
The network hardware firm agreed to an ERISA settlement totaling $3 million to dismiss claims of fiduciary breach.