Tag: profit sharing plans

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

The Department of Labor alleges the plan fiduciaries at a tree service company used retirement assets from a profit-sharing plan...

The Department of Labor sued Minnesota technology consultant Virtual Matrix after an investigation found fiduciaries of the profit-sharing plan permitted...

The lawsuit filed by Martone Construction claims its retirement plan providers ignored requested investment trades and claimed that trading was...

Quest Diagnostics’ 401(k) profit sharing is the target of a new retirement plan lawsuit alleging excessive fees for investments.  

Vernon and Shirley Hill will pay more than $2 million after claims the couple invested as much as 70% of...

The lawsuit suggests Vernon and Shirley Hill invested as much as 70% of a profit-sharing plan’s assets in the stock...

Denying a motion to dismiss the suit, a judge pointed out the difference between it and others cited by the...

The availability of Roth contributions has doubled in the last decade, and more plan sponsors are using a default deferral...

In 2016, 40.2% of plan sponsors surveyed by the PSCA used a default rate for auto enrollment greater than 6%.

A lawsuit alleges that asset-based fees led to the plan paying $1,819 per participant for recordkeeping services in 2015.