Compliance

Plan sponsors would be required to submit more data about missing participants and investment decisions.

After the Department of Labor removed employee stock ownership plans from its enforcement list, the new law will clarify valuation processes that led to litigation.

The decision leaves intact a ruling favoring a plan trustee and preserves differing interpretations among appeals courts about remedies available under ERISA.

Florida, Georgia and Alabama employers lost a procedural defense that required participants to exhaust plan claims procedures before filing fiduciary breach complaints.

The 4th Circuit’s decision conflicts with other circuits in that administrative service agreements are not required by ERISA to be furnished to participants.

The defendant allegedly used the stolen funds for his personal benefit, including memberships in a yacht club and a social club.

A federal judge found that Lockton Companies went beyond merely collecting employee premiums for disability insurance.

The US 5th Circuit Court of Appeals backed the Department of Labor in a fiduciary breach case and barred the owner from serving as a plan fiduciary.

The plan had been frozen since its sponsor, an aerospace company, closed in 2023.

Sponsors and fiduciaries need a meaningful comparative for funds, but it is unclear what the Supreme Court may recommend.

The plaintiff alleges that fiducuaries' failure to remove an underperforming actively managed mutual fund from the 401(k) plan's menu led to losses for participants.

The grocery chain was ordered to pay $1.2 million out of the more than $9 million former employees sought.

The final rule stems from multiple agencies’ 2025 proposal that leaves plan sponsors with increased compliance and governance responsibilities.

The events, both scheduled for mid-October, concern health plan investigations and voluntary fiduciary correction programs.

The parties did not agree on the definition during Tuesday’s proceedings.

During a pro forma session on Thursday, two ranking members kicked off their bid for SECURE 3.0 legislation. 

Congress passed a bill changing the descriptions for Social Security claiming ages, as experts consider the impact of potential benefit cuts.

The party-line vote came nearly six months after Sonderling became acting secretary.

James Campbell made more than 100 unauthorized withdrawals from a master trust.

In a ruling that could affect future pension risk transfer litigation, a U.S. district court judge ruled that a delegated fiduciary adviser needed to face charges.