Washington Update
Rules and Regulations
Summaries of the latest news from Washington and the courts—what’s coming, what’s contemplated and what’s critical for plan sponsors to know
Reported by PLANSPONSOR staff
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UPenn Agrees to $13M 403(b) Plan Lawsuit Settlement
The newly published text of the settlement agreement and accompanying order include significant non-monetary actions to be undertaken by UPenn.

UPenn Will Settle ERISA Fiduciary Breach Lawsuit
The filing of a stay motion related to a forthcoming settlement represents the beginning of the end for the complicated...

$17.5M Settlement Reached Over ‘Too Conservative’ Plan Investments
The plan’s investment policy statement allegedly called for 70% of the plan’s assets to be allocated into domestic fixed income...