The award is given in many categories to recognize all plan types, so any plan sponsor can be eligible.
The plaintiff in a 403(b) ERISA excessive fee lawsuit filed against Baptist Health South Florida has been ordered by a district court to enter an arbitration process.
The suit alleges that John Hancock Life Insurance Co. violated ERISA by retaining foreign tax credits generated by plans’ investments under a group variable annuity contract.
INSIDE THE MAGAZINE PLANADVISER November/December 2021
A solid retirement plan is essential for workers’ financial well-being and may be just as important as health benefits, the firm argues.
The complaint alleges several breaches of fiduciary duty, including retaining poorly performing investments.
EBRI compared accumulated net worth, retirement plan and student loan incidence for Baby Boomers, Generation Xers and Millennials at the same ages.
On average, just 0.01% of balances were traded daily in December, which is in line with the monthly average for the past year, according to Alight Solutions.
The new retirement plan governance platform targets challenges presented in some non-ERISA retirement plan types.
The plan was projected to run out of money at some point this year, but the special financial assistance from PBGC should prevent this outcome.
CAPTRUST Financial Advisors has announced two additional acquisition deals that were completed last year.
Plan sponsors can take advantage of novel plan designs that share risk, including pooled employer plans, to broaden employer-sponsored benefits.
Early evidence suggests the mandate for employers that don’t offer a retirement plan to join CalSavers is driving adoption of new plans.
Imprudent investments and excessive fees were themes of lawsuits filed last week against retirement plan fiduciaries.