Compliance

Participants in plans that purchased guaranteed investment contracts from the Principal say the arrangement has led to prohibited transactions under ERISA.

WestRock RKT Company claims that the amendment violates ERISA because “critical status [multiemployer plans] with valid rehabilitation plans may not unilaterally impose on employers contribution requirements necessary to...

A new bill introduced by Senate Democrats would reestablish an ERISA safe harbor for state- and city-run retirement plans for the private sector—and in a roundabout way the...

Claims moving forward regard excessive fees by using four recordkeepers and excessive fees by offering too many funds in the plan.

However, one claim for which the motion to dismiss was granted by a federal judge was that the plan offered too many funds.

A significant number of non-monetary settlement terms have been agreed to, including that TIAA will add more non-proprietary investment options to its own retirement plan and reconsider how...

The seminar will take a focus on fiduciary oversight, as well as protecting workers’ benefits.

The new legislation establishes a legacy fund within the Pension Benefit Guaranty Corporation.

Franciscan Missionaries of Our Lady Health System has agreed to make payments to its pension plans over five years.

The moves by Congress to deny ERISA safe harbor to state- and city-run plans for private-sector workers won’t have a big effect so long as the fiduciary rule...

The DOL stated its investigation relates to certain private equity investments, plan expenses, securities lending, and distributions of plan benefits.

The staffing agency told an applicant that he would not be considered for a position because “he was born in 1945” and “age will matter,” the EEOC says.

Tax-exempt organizations that do not file can lose their tax-exempt status, which will affect eligibility to offer 403(b) plans.

For calendar year 2018, the annual limitation on deductions for an individual with self-only coverage under a high-deductible health plan is $3,450.

Wagner’s pre-approved plan document is a volume submitter plan.

A bill that would repeal much of the Dodd-Frank Wall Street Reform Act and block the DOL fiduciary rule has cleared the House Financial Services Committee. 

Many providers have supported the moves by the House and Senate to effectively slow the creation of state- and city-run retirement plans for the private sector, but other...

A district court judge found the plaintiffs “have pleaded sufficient facts from which the Court can reasonably infer that Starwood employed a flawed process for selecting recordkeeping and...

Among other things, FSR said Treasury should replace the DOL's current fiduciary rule with a “best interest standard” adopted by SEC and state insurance regulators.

Congress is still considering the idea of making defined contribution (DC) deferrals after-tax (Roth) instead of pre-tax.