Compliance

Employees will be defaulted at 3% of salary into “a personal retirement plan, with the option to opt out or change contributions at any time.”

A court ordered the investment manager to pay losses to the plan as well as pay back investment management fees.

A federal appellate court found that while plaintiffs claimed to have met new standards in their amended complaint, they did not offer facts to support their allegations.

The lumber producer made changes to its health care plan, falling out of “grandfathered” status under the ACA, but kept administering it as a “grandfathered” plan.

Among other things, a federal district court held that “appropriate equitable relief” under ERISA Section 502(a)(3) may extend to remedy inequitable conduct pertaining to a supposed waiver of...

The SEC says whether offering a brokerage window in a 401(k) through which investments in employer securities can be made involves an offer of employer securities requiring Securities...

Many of the retirement challenges Americans face could be addressed by the current defined contribution (DC) plan system, if lawmakers move to effect changes, providers contend.

An appellate court agreed with a district court that Dignity Health’s pension plan was not a “church plan” under ERISA, and ordered it to get into compliance with...

The electrical equipment company failed to remit employee contributions and loan repayments to the plan as well as to make prevailing wage contributions.

The court found the program was subject to ADA scrutiny, but also that the wellness plan was lawful under the ADA because it concluded the employee's decision whether...

Plaintiffs in a newly filed lawsuit argue inaccurate liability valuations have resulted in costly pension plan management mistakes. 

The bill also would provide a fiduciary safe harbor for selection of lifetime income solution providers.

Starting in 2017, public pension funds in California must disclose fees paid to private equity, hedge, venture and absolute return fund managers.

The grant program seeks to assist those workers who have traditionally lacked access to an employer-provided retirement benefits program or are otherwise less likely to have income from...

The agency has issued a final rule implementing changes proposed in April.

The IRS says final nondiscrimination rules will not be published in time for plan sponsors to make decisions before the last relief provided expires.

The nursing home and its chief officer are accused of diverting at least $4 million to themselves and a religious corporation.

The DOL and other regulators want to modernize the Form 5500—with guidance from the plan sponsor public. 

Given the tumultuous political environment it is very difficult to assess the short-term prospects even for popular initiatives, experts warn. 

The agency wants to make it easier for plan sponsors to satisfy requirements for qualified plan documents, particularly in light of the changes to the determination letter program.