The plaintiffs in the case alleged various plan fiduciaries breached their duties under ERISA by allowing the payment of excessive fees for recordkeeping and investments.
Participants save via employer payroll deductions and interest is paid monthly.
INSIDE THE MAGAZINE PLANADVISER May/June 2022
The online portal offers participants the option of connecting their current retirement plan data with other unconnected investments.
The defendants’ motion to dismiss has been denied.
The partnership seeks to automate health care price data to reduce administrative and contracting burdens for individuals, employers and health care providers.
Nineteen Republican state attorneys general signed a letter to BlackRock seeking ‘clarification on actions that appear to have been motivated by interests other than maximizing financial return.’
The latest data from Alight Solutions shows there were no above-normal trading days.
The agency says compliance can be challenging for small and medium-sized employers who have limited time, resources and access to professional help.