Tag: retirement plan fees

The defendants argued that a court decision in a self-dealing lawsuit against Wells Fargo supports their motion to dismiss their...

Plan sponsors who have already submitted an Application for Determination for Terminating Plan in 2018 will receive a refund of...

A federal district court judge ruled a new complaint alleging Voya Financial and Voya Retirement Advisors engaged in prohibited transactions...

In addition, a federal judge dismissed a third complaint against NYU—naming its adviser as a defendant—as a duplicative action.

Just as another court did in a similar complaint against John Hancock, brought by the same plaintiffs, the 9th Circuit...

One point the appellate court clearly noted is that the plaintiff did not allege that the new company failed to...

Complaints against individual defendants, however, were not dropped.

The plaintiffs claim plan fiduciaries repeatedly failed to monitor the share classes of mutual fund investments and to substitute less...

Roughly four in five retirement plan participants said it would be at least somewhat useful to have additional information about...

The lawsuit suggests Nordstrom should have offered managed accounts or collective investment trusts to participants in its 401(k) plan.

Noteworthy about the case is that a challenge to fees provided to the recordkeeper via an arrangement with Financial Engines...

Michael Barry, president of the Plan Advisory Services Group, discusses issues with suggestions for reducing retirement plan fees.

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