Tag: Recordkeeping

Wells Fargo Tool Offers Cross-Industry Plan Benchmarking

The motivation for creating the Outcome Optimizer was born out of the understanding that plan sponsors and business owners are competitive by nature and, for the most part, they want to offer top quality benefits that reward hardworking employees.

Amended Excessive Fee Suit Against Chevron Dismissed

U.S. District Judge Phyllis J. Hamilton in the U.S. District Court for the Northern District of California found that for repeated claims the plaintiffs failed to correct the deficiencies in the original complaint identified by the court in its prior order dismissing the suit.

Excessive Fee Lawsuit Filed Against University of Chicago

The university is also accused of approving a TIAA loan program that required excessive collateral as security for repayment of the loan, charged grossly excessive fees for administration of the loan, and violated DOL rules for participant loan programs.