Tag: 401(k)

The new tool helps employers compare expenses such as administrative and fund-lineup fees against that of three major recordkeepers.

Among other things, the plaintiff alleges the plan committee ignored the numerous warning signs that Chesapeake was an imprudent investment for retirement assets, and allowed the plan to...

Many simply do not know enough about them.

In the last few years, real-estate exposure has been gaining traction in the DC space; however, its potential for key benefits also poses several challenges.

Defining exactly what it means to be “satisfied” with retirement is a difficult matter, complicating the effort to assess the real impact of the global shift from DB...

A judge concluded that the legal and factual merits of plaintiffs’ claims are better resolved on a fuller factual record, either in the context of a motion for...

The lawsuit alleges the defendants failed to loyally and prudently monitor the fees and performance of 401(k) plan investment options, and simply retained in-house funds to enrich T....

The average balance rose by $4,300 in 2016.

Plaintiffs from the Caterpillar retirement plan feel the price paid for advice was too high and was not transparently tied to the level of service delivered. 

A lawsuit filed against JP Morgan Chase in New York levels a series of allegations that are by now very familiar to retirement industry professionals. 

Concerns expressed in a survey included fiduciary exposure, high costs and operational hurdles such as recordkeeping issues, among other things.

“The rise of assets in target-date funds accounts for some of the light-trading in 401(k)s we saw in 2016,” explains Rob Austin at Aon Hewitt.

U.S. District Judge Victor A. Bolden first determined that Prudential was not a fiduciary with respect to the lawsuit’s allegations.

Robo-advisers gained some traction in the DC industry this year, and many have come to see how the technology could work with, rather than against, traditional advisers.

The airline is accused of failing to select low cost investments and failing to use its size to negotiate cheaper investment and recordkeeping fees.

Aside from traditional allegations of excessive fees and mismanagement of company stock, ERISA litigation in 2016 included challenges to fund types, fiduciary processes and provider arrangements; expect more...

The case questions the hotel chain's 401(k) plan fees and investment choices.

Both employers and employees remained committed to funding defined contribution plans during the year, which saw significant market swings and bouts of uncertainty. 

And 87.6% of eligible employees have a balance in their plan.