Compliance June 26th, 2024 Judge Dismisses 401(k) Excessive-Fee Lawsuit Against PNC Financial A federal judge in Pennsylvania decided an an expert witness to the plaintiffs was unreliable, leading to a dismissal of the allegations.
Data & Research February 21st, 2024 Encore Fiduciary Finds Inaccurate Fee Benchmarking in 401(k) Litigation Fiduciary expert says the plaintiffs’ use of Form 5500s to measure fees creates erroneous comparisons, and he recommends its new...
Compliance January 9th, 2024 401(k) Litigation Continues At ‘Fever Pitch’ Euclid Fiduciary’s litigation summary shows a dip in lawsuits in 2023, but signs of an uptick this year.
Compliance December 4th, 2023 Tyson Foods Employees Allege Excessive 401(k) Plan Fees The plaintiffs’ complaint included a detailed comparison of allegedly similar, lower-cost recordkeeper fees for the plan with $3.2B in assets.