Tag: retirement plan fees

The lawsuit closely resembles numerous other ERISA excessive fee complaints filed in recent years.

The lawsuit calls out the use of the active suite of the Fidelity Freedom target-date funds, among other things.

A federal judge moved forward claims of excessive administrative and managed account fees but dismissed claims regarding KeyCorp plan’s stable...

The plaintiff argues that similar university lawsuit settlements have helped to drive down fees, and changes the university made last...

Leslie Olds, with Strategic Benefits Advisors, discusses how DB plan sponsors can determine whether actuarial fees are in line with...

The suit mainly takes issue with an alleged failure to solicit competitive bids for retirement plan services and the use...

A federal judge found that the plaintiffs had sufficiently pleaded their claims in the suit alleging excessive retirement plan fees.

The agreement is solely monetary and doesn’t include provisions to remedy the alleged breaches of the defendants.

Among other things, the plaintiffs contend that prudent fiduciaries monitor and limit revenue sharing and make sure excessive indirect compensation...

The case, which challenges the use of an actively managed TDF suite rather than its index version, will move forward.

The text of the new complaint closely resembles others from the increasingly well-known law firm Capozzi Adler, which has filed...

More claims were moved forward for the investment consultant than for the plan sponsor.

The lawsuit takes particular issue with the use of higher-cost share classes and revenue sharing.

A survey finds nearly three-quarters of Americans don’t know how much they pay in retirement plan fees, while the ‘401k...

The parties are asking a judge to approve the settlement, which includes monetary and non-monetary terms.

The appellate court found a lower court erred in denying the plaintiffs’ leave to amend their complaint, meaning the case...

The plaintiffs allege the use of actively managed funds and higher-cost share classes caused them to lose millions.

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

It’s crucial for plan sponsors to have and follow a good investment policy statement and to carefully document the reasons...

Researchers found revenue-sharing funds are more likely to be added to plan investment menus and are less likely to be...