Compliance

The plan sponsor was criminally prosecuted and pled guilty to embezzlement in June 2016; she was ordered by EBSA to make restitution to restore losses to the plan.

Sponsors of the bill, including both Democrats and Republicans, say it will benefit low- and middle-income workers hoping to augment their long-term retirement savings.

Plaintiffs say the settlement agreement “provides an excellent recovery” for class members, paying them “100% of their losses.”

The lawsuit claims plan participants paid excessive investment and recordkeeping fees and alleges the plan’s loan program violated ERISA prohibited transaction rules.

The agency claims that the production superintendent who terminated the foreman also made ageist comments regarding the foreman’s co-workers, including repeated remarks about being "too old to do...

Plaintiffs attempt in their complaint to establish that fraud was at least potentially occurring, and that this should have been enough to prevent plan fiduciaries from continuing to...

Capital Group is accused of selecting and retaining its own affiliated investments in its 401(k) plan to the benefit of the firm and its subsidiaries.

As people are living longer and wanting to work longer, witnesses at an EEOC meeting about the ADEA made suggestions about how regulators and employers can reduce age...

While HSAs aren’t traditionally thought of as a retirement vehicle, the DOL broadened the scope of conflict of interest rules to include these plans due to their long-term...

The time for evaluating a provider can also be opportune for revisiting services, fees and investment options.

An EEOC lawsuit charges that a college passed up a 66-year-old adjunct professor for a full-time faculty position in favor of two younger, less-experienced candidates.

The next stage will be to determine if the hospital boards or plan committees fit within the principal-purpose definition and whether the hospitals are affiliated with a religious...

A bench trial began this March 14, and the settlement was initially struck after three days of trial.

It is not always possible, even for the most carefully run retirement plans, to avoid getting dragged into ERISA litigation, and so having a clear response plan in...

The Department of Labor is still looking for ways to streamline and improve its new fiduciary rule, even though most provisions are now in effect.

Plan sponsors that adopt a 403(b) preapproved plan by the end of the remedial amendment period will be deemed to satisfy the 2007 final regulations.

On Thursday, the House of Representatives passed a bill that would undo much of the Dodd-Frank Act’s regulations and the fiduciary rule.

What errors do plan sponsors make most often, and what programs are available to fix them?

Top ERISA attorneys give their best predictions about how tax reform, open MEPs, fiduciary rulemaking and other regulatory and legislative matters will evolve under Republican leadership.

Looking at the definition of “church plan” in ERISA, the high court concluded that a plan maintained by a principal-purpose organization qualifies as a “church plan,” regardless of...