PPL Corp. Agrees to $8.2M Settlement due to ‘Underperforming’ TDFs
Workers at the energy company claimed that PPL included underperforming target-date investments from Northern Trust in four of its retirement...
Tag: underperforming funds
Southwest Airlines Sued for ‘Chronically Underperforming’ 401(k) Fund
Participants allege that the airline failed to remove a large-cap growth investment option after ‘15 years of underperformance.’
GE Agrees to Pay Record $61M to Settle 401(k) Lawsuit
The settlement is considered the ‘largest ever’ in a lawsuit alleging mismanagement of a retirement plan’s in-house funds, according to...