Compliance

Joining a number of other regulatory agencies, the SEC has issued important easements and compliance relief provisions for companies and individuals impacted by three recent hurricanes striking the...

Participants in GE's 401(k) plan allege the company retained proprietary investments in the plan, even when they were imprudent, in order to earn revenue.

Safe-harbor plan designs allow plan sponsors to avoid nondiscrimination testing and allow highly compensated employees to contribute more.

Plan sponsors of tax favored retirement plans can use these forms to make an IRS Voluntary Correction Program (VCP) submission.

Some sponsors that want to use a pre-approved plan have certain provisions that were not in effect for the plan for the entire restatement period or options that...

One thing the NIRS suggests is to change the tax credit to a savings match.

DB plan sponsors have until January 31, 2018, to comply with certain reporting and payment deadlines.

A participant says a plan with more than $157 million in assets has the bargaining power to negotiate lower fees for administration and plan investments.

A federal judge dismissed a consolidated case against Wells Fargo's 401(k) plan fiduciaries.

The case had challenged multiple recordkeepers, multiple investment options and the use of retail share class funds.

A participant accuses the firm of failing to prudently monitor and assess investment options for the plan.

A court used plain language of the ESOP plan document to show the plan administrator's failure to implement participants diversification elections was "arbitrary and capricious."

Both parties together filed some 1,000 pages of paperwork, which the court declined to consider in denying the employer's motion to dismiss, in which it argued its plan...

The lawsuit alleges that Voya charged the plan “an unreasonable asset-based fee of between 0.67% and 1.86% of the net assets invested in the various mutual funds offered...

Defendants pursued an “exceptionally imprudent investment strategy” with respect to a significant portion of the DST System retirement plan’s assets, plaintiffs claim, resulting in up to $100 million...