Oshkosh ERISA Challenge Squashed by District Court
Allegations that the company inappropriately favored actively managed funds over passive investment options for its retirement plan have fallen short...
Tag: excessive fees
10th Circuit Affirms Great-West Fee Suit Dismissal
The district court ruling in the case, now backed by an appeals court, stands out for having been filed alongside...
Excessive Fee Lawsuits Expected to Continue to Rain Down on Plans
Settlements have totaled more than $1 billion, making insurers think twice about new fiduciary insurance policies.
CDI Corp. Agrees to $1.8M ERISA Lawsuit Settlement
The retirement plan in question in the suit is substantially smaller than many of those that have faced or settled...
Humana Faces Classic Prudence Claims in New ERISA Lawsuit
According to the plaintiffs, the plan’s fiduciaries did not try to reduce the plan’s expenses, resulting in the assessment of...
Quest Diagnostics ERISA Lawsuit Can Proceed
The district court roundly rejected the defense’s dismissal motions, ruling that the plaintiffs have sufficiently alleged that fiduciary breaches may...
Inappropriate Investments, Excessive Fees, Self-Dealing Most Common Reasons for ERISA Lawsuits
The rise in lawsuits is prompting more sponsors to turn to lower-cost index funds—and could prevent them from offering lifetime income products.
Average Couple Will Pay More Than $150K in 401(k) Fees
Higher-income workers, making $90,000 a year, will pay $277,000, according to America’s Best 401k.
New Complaint Alleges Excessive Fees in NYU Plans
This case was filed against NYU Langone Hospitals, NYU Langone Health Systems, the retirement plan committee, and several named defendants.