Tag: ERISA

The complaint challenges the use of both allegedly outdated mortality tables and artificially high interest rate assumptions in the conversion of annuity types under multiple pension plans.

The lawsuit claims Exelon used proprietary funds with excessive fees and allowed participants to pay excessive fees for recordkeeping and...

The district court accepted a magistrate judge’s recommendation and dismissed the case based on the plaintiffs’ failure to state an...

The lawsuit claims the veterinary hospital network’s retirement plan, which has more than $500 million in assets, should have paid lower fees for recordkeeping and administrative services.

The allegations in the new lawsuit are familiar, suggesting the plan fiduciaries permitted the payment of excessive recordkeeping and investment...

However, the judge has granted the plaintiffs leave to amend the ERISA complaint.

The suit against fiduciaries of a Huntington Ingalls Industries pension plan has reached a settlement that includes a $2.8 million payment.

The defendants will also retain an independent consultant to review investments and fees, according to the settlement agreement.

Fiduciaries of the grocery chain’s 401(k) plan are accused of allowing unreasonably high fees for recordkeeping services and failing to...

The audit and tax advisory firm is accused of permitting the payment of excessive investment and administrative fees within its...

The challenged target-date funds have already been taken out of the plan, and the defendants have agreed to pay $13.75...

Though its GoalMaker portfolio management solution features prominently in the plaintiffs’ allegations, Prudential is not a party in the case.

The plaintiffs in the case believe California should not be permitted to operate the CalSavers Retirement Savings Program on the...

Given a third shot, a judge found the parties finally got the settlement terms right.

A court found a separation agreement signed by the plaintiff when his employment with the company terminated precludes the lawsuit.