Rockland Trust Sued Over 401(k) Fund Performance
Participants claim the bank’s 401(k) plan invested in an underperforming managed mutual fund managed by T. Rowe Price.
Tag: participant complaints
Complaint Against American Express Alleges 401(k) Underperformance, Conflicts
Fiduciaries of the $9 billion plan are accused of retaining imprudent investments and favoring affiliated managers.
The Importance of Addressing Participant Complaints
If a sponsor does not respond, they could face a civil and/or DOL lawsuit