Tag: ERISA

The target of a new Employee Retirement Income Security Act is a plan sponsor with more than 20,000 participants that ‘periodically’ reviewed the plan’s investment options to ensure...

The consolidated class action complaint suggests the church plan at issue is an ERISA plan because the summary plan document...

The plaintiffs claim familiar allegations pertaining to excessive recordkeeping and administrative fees.

As in many prior ERISA cases, the plaintiffs allege their DC plan fiduciaries breached their duties by failing to adequately...

A judge has determined that two law firms, Schneider Wallace Cottrell Konecky LLP and Schlichter Bogard & Denton LLP, are...

The proposed class action lawsuit challenges excessive managed account fees and the retention of Financial Engines, the managed account service...

The plaintiffs in the case alleged various plan fiduciaries breached their duties under ERISA by allowing the payment of excessive...

The new cases closely resemble a host of others filed in recent months that suggest fiduciary defendants selected underperforming target-date...

The defendants’ motion to dismiss has been denied.

The district court ruling in the case granted full dismissal of the excessive fee lawsuit, but the 6th Circuit has...

The complaint suggests that, as of the end of 2020, the 401(k) plan at issue had over $465 million in...

The text of the ruling takes just 13 pages to note that the facts of the case, as pleaded, are...

Kentucky mining industry plan fiduciaries face allegations that they failed to remit participant salary deferrals.

Case documents show the parties engaged in extensive negotiations before reaching a proposed $1.1 million settlement agreement.

The entire retirement account balance of a Colgate-Palmolive retirement plan participant who lives in South Africa was distributed to a...

The plaintiff has alleged excessive fees for recordkeeping, administrative services and investment management against a large university plan in a new fiduciary breach lawsuit.

The new complaint also suggests the company and its retirement plan fiduciaries permitted the payment of excessive recordkeeping fees.

The large medical-device-manufacturing organization is facing familiar fiduciary breach allegations in federal court in Indiana.