Tag: recordkeeping fees

The pharmaceutical company was accused of charging unreasonable recordkeeping and administrative fees in a complaint filed last year.

Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.

A Pennsylvania federal judge ruled that an expert witness to the plaintiffs was unreliable, dismissing the argument that the plan...

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

The class action proposal seeks to recover retirement plan losses allegedly caused by fiduciary breaches leading to ‘unreasonable’ fees.

The university medical center’s retirement plan failed to disclose revenue sharing or float income and caused workers to pay excessive...

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

The lawsuit against the CCB multiple employer plan needs court approval to finalize settlement.

The settlement in principle is pending court approval.

Beyond the cash reimbursement to the plan, the settlement requires regular fee studies and a recordkeeping RFP process at least...

The plaintiffs suggest the firm’s fiduciary failures were either from lack of a prudent process or from interest in getting...

The complaint alleges that KeyCorp has failed to take advantage of recordkeeping market competition and the associated drop in average...