Tag: ERISA

A defunct company and its 401(k) plan trustee have been ordered to restore contributions that weren't remitted to the plan as well as interest on contributions.

Just two out of an increasingly large pile of amicus briefs filed in relation to litigation seeking to halt the new DOL fiduciary rule will be considered—both of...

An Employee Retirement Income Security Act (ERISA) lawsuit filed by participants in a Chevron Corporation defined contribution (DC) plan has been dismissed after a hearing before the U.S....

Employees of HP Inc. and United Airlines filed suit over treatment of returns and interest on “float income” generated by cash in transit. 

A strategic partnership between Efficient Advisors and Gladstone Analytics will help financial planning businesses asses their client base and plan for their own future.  

In a complex but informative ruling, a federal judge describes why many aspects of an ERISA complaint leveled against Allianz Asset Management should be allowed to proceed to...

For a significant number of benefit plan sponsors and participants, the successful effort to strike down the Defense of Marriage Act is still having an impact.

Most advisers feel they are making good progress on addressing the Department of Labor fiduciary rule, according to a Nationwide Retirement Institute survey.

According to the compliant, the university failed to use the plan’s bargaining power, causing the plan to pay “unreasonable and greatly excessive fees for recordkeeping, administrative, and investment...

The California Secure Choice Retirement Savings Program has received a lot of positive press for bringing much-needed attention to a difficult policy issue—but others warn the program could...

A district court compelled arbitration for a spouse seeking the full benefits in her deceased husband's 401(a) and 403(b) plans.

In addition to cash payments, the settlement agreement also includes agreed upon provisions relating to plan administration.

The DOL charged that workers for a union trust fund were fired for filing an internal complaint regarding wrongdoing by the trustee and cooperating with a federal criminal...

The appellate court remanded the case back to a district court for further proceedings.

The payment is part of a settlement of a combined lawsuit by the DOL and SEC.

Both petitions to the high court question whether ERISA's church plan exemption applies so long as a pension plan is maintained by a qualifying church-affiliated organization, or whether...

Organizations and individuals in the retirement plan community are invited to submit comments or request to address the ERISA Advisory Council.

Corporate class action litigation often comes in waves—certainly this is the case in the retirement planning industry, which has seen a rash of “self-dealing” lawsuits filed against service...

An appellate court has partly reversed the dismissal of claims against Berkshire Hathaway retirement plan fiduciaries accused of violating ERISA benefit cutback provisions.