Compliance

An amici curiae brief filed by the American Council on Education and other higher education associations details the history of higher education 403(b) plans.

The text of the complaint includes substantial detail about the inner workings of the Home Depot retirement plan, and its relationships with advice providers Financial Engines and, later,...

Former committee members for the pension plan of St. Elizabeth Medical Center moved to have themselves dismissed from a lawsuit challenging the church plan status of the pension...

According to multiple underlying complaints, which can now proceed to a consolidated trial, all of the several dozen mutual funds offered by the plan during the proposed class...

The 9th Circuit depended on its own precedent in finding that unpaid contributions to employee benefit funds are not plan assets and, therefore, the company owners are not...

A federal district court has ruled a multiemployer pension fund's use of the "Segal Blend" rate when assessing a member's withdrawal liability was, in this instance, improper.

When the IRS ended its determination letter program, it said it anticipates making exceptions based on program capacity to work on additional applications, and the need for rulings...

The appellate court disagreed with a district court conclusion that the multiemployer plan had not shown sufficient continuity of business operations to support successor liability.

The compliance assistance program will increase awareness and understanding about basic fiduciary responsibilities when operating a retirement plan.

A federal district court judge agreed that TIAA is not a fiduciary with respect to the design of its participant loan program or its negotiations about fees with...

For example, the Council proposes to develop an alternative means of compliance by which the introductory portion of the SPD–referred to as the “Quick Reference Guide”–would be delivered...

Regarding guidance to assist multiemployer pension plans that request PBGC review of alternative plan rules for satisfying employer withdrawal liability, the agency said for example, some proposals include...

A federal district court judge denied dismissal of most violation of duty of prudence claims.

The university also asks that the plaintiffs not be able to attempt to use evidence that their prudent measures and conduct that occurred subsequent to the plaintiffs’ filing...

The defendants argued that a court decision in a self-dealing lawsuit against Wells Fargo supports their motion to dismiss their suit.

According to the DOL, the fiduciary failed to remit employee contributions to the plan and used the funds instead for business and personal purposes.

Under the terms of the settlement, ERIC members may inform the State, if it asks, that they are ERIC members, and the State will verify their membership with...

The CEO pled guilty last year for paying illegal kickbacks to producers in an effort to steer employee health benefit plans to his company.

The lawsuit filed by MBA Engineering on behalf of its 401(k) and cash balance plans also accuses Vantage Benefits, MBA's TPA and recordkeeper, of stealing money from approximately...