Tag: excessive fees

The retirement plan lawsuit, originally filed in 2020, alleged fiduciary breaches committed by the ERISA finance and administrative plan committee.

The 2020 ERISA retirement lawsuit alleged fiduciary breaches committed by the retirement plan committee.

A class action complaint filed in Texas alleges fiduciary breaches by the company’s 401(k) plan.   

The 2020 excessive fees 401(k) lawsuit against a medical products manufacturer is on the eve of a trial. 

Subject to court approval, the retirement plan services and investments provider will pay participants in a class action case who...

The retirement plan for Tenneco Inc. employees is alleged to have committed two breaches of fiduciary duty.  

A federal judge found the plaintiffs had not established an adequate peer for the funds’ fees and performance in question.

A federal judge rebuffed SeaWorld's motion to dismiss, but a second defendant was dismissed from the case.

A retirement plan lawsuit that alleged excessive fees for recordkeeping against the Kroger grocery store chain was dismissed.

The Massachusetts-based federal judge has advanced the lawsuit and ordered a scheduling conference for April.   

Florida-based nonprofit operator of children’s hospital is alleged to have charged excessive fees to retirement plan participants.

A federal magistrate judge found that the plaintiffs did not adequately state a claim of excessive fees.

An ERISA suit filed in 2021 alleged that Deloitte did not monitor the fees being charged to its 401(k) plan.

Plaintiffs have alleged excessive fees for recordkeeping and administrative services and for an available managed account in a retirement plan...

Participants of a retirement plan sponsored by Ventura Foods allege that Ventura’s mismanagement cost their retirement savings significantly.

The two counts brought by plaintiffs were bounced by the Chief Judge for the U.S. District Court for the Eastern...

Case alleges firm put high-fee, underperforming proprietary funds in its retirement plan

The mixed dismissal motion ruling, which sides mostly with the plaintiffs, agrees with the defense that certain data-sharing among providers...

The lawsuit comes as retirement plan sponsors and participants express increased interest in personalization and managed account services.

The defendants were accused of failing to monitor the average expense ratios charged to similarly sized plans for investment management...