Tag: retirement plan fees

However, in a dissenting opinion, Senior Judge Jane Richards Roth says cases such as this one should be carefully scrutinized...

However, the 9th U.S. Circuit Court of Appeals did remand back to a district court the calculation of interest on...

Aside from monetary relief, the settlement calls for Vanderbilt to issue a request for proposals (RFP) for a new recordkeeper...

The union plan’s board of trustees has agreed to pay $8.75 million and issue a request for proposals for recordkeeping...

Particularly in the small- and mid-sized plan segments, industry analysts tend to agree that the prevalence of partially bundled plans...

In addition to a $23.6 million payment, the settlement agreement includes additional terms relating to a review of investment options...

The question in the lawsuit, according to a federal judge, is whether the plaintiff has standing to sue, for one,...

Fidelity is accused of charging an illegal and undisclosed pay-to-play fee that Fidelity extracts from investment companies that wish to...

A federal judge made this decision in allowing Massachusetts Institute of Technology’s motion to strike plaintiffs’ demand for a jury...

While total plan costs have declined for most plan sizes, the latest 401k Averages Book continues to show smaller plans...

A lawsuit contends that kickback payments Fidelity requires from investment funds bear no relationship to the cost or value of...

The case is notable for arguing that an investment that had only a 4 basis point annual fee could have...

A federal judge found that the plaintiffs provided more than enough evidence to support excessive fee claims, noting that, “Plaintiffs...

According to the complaint, TIAA has been able to extract “grossly excessive fees” because its fees are tethered not to...

Callan’s 2019 Defined Contribution (DC) Trends Survey finds more plan sponsors have conducted fee benchmarking, there’s a shift in who...

The settlement agreement calls for a gross monetary payment of $10.65 million to a settlement fund and other non-monetary actions...

In a case that alleges, among other things, that defendants breached their ERISA duties by offering a money market fund...

The case against the $500 million 401(k) plan was also settled for a “small” amount—$500,000.

After a complex set of motions and rulings, the parties have now opted to settle the ERISA self-dealing lawsuit rather...

The 9th U.S. Circuit Court of Appeals found that the facts alleged are insufficient to support a plausible inference of...