Compliance

The bill would have a 5% match and be administered by the Department of the Treasury.

The cases focused on ESOP valuation, and both rulings held that that mandatory arbitration and class action relief are not enforceable.

Guarantee levels for single-employer plans will rise with inflation, but multiemployer plans are not indexed.

A veteran of cybersecurity, expert in digital threats, offered a critical assessment.

The proposal seeks to broaden the definition of fiduciary adviser under ERISA, though the precise wording is not yet available.

Experts discussed the SEC’s new cybersecurity rules and the importance of having an action plan at PLANSPONSOR’s Cybersecurity livestream.

The argument about ESG funds by former pilot Bryan Spence ‘runs headlong into the Supreme Court's instruction,’ according to the defendants.

Many industry experts believe there is a need for an ‘ERISA 2.0’ that includes a stronger framework for universal coverage, lifetime income, defaults and more.

The plaintiff, Bryan Spence, referenced another federal court’s decision in asking a Texas federal court to deny the defendants’ motion to dismiss.  

In comment letters submitted to the Department of Labor, concerns expressed ranged from QDIAs to permitted withdrawals.

Experts review the road map for current and upcoming dates of the retirement legislation.

The proposal would limit the availability of educational and retirement readiness tools for participants, commenters say.

The settlement is considered the ‘largest ever’ in a lawsuit alleging mismanagement of a retirement plan’s in-house funds, according to court filings.

Plan fiduciaries were accused of fiduciary breaches for using plan forfeitures to offset future employer contributions, but ERISA experts would be surprised if this longstanding and widespread practice...

Lawyers for the plaintiff, a third-party administrator, alleged identical claims against each defendant.

Attorneys for the Colgate-Palmolive Employee Relations Committee seek to end the plan sponsor’s involvement in a lawsuit alleging fraudsters stole a participant’s retirement plan assets.

A report from Matrix Global Advisors found that ESOPs need clear rules on valuation, which SECURE 2.0 requires the DOL to provide.

The guide covers the pros and cons of various fee and fee structures.

The DC contribution limit was projected to be $23,000 for 2024, and the IRS should stay on track in implementing the change.

Both parties brought motions as a former pilot asserts that fiduciaries for American Airlines’ defined contribution plans breached their duty by including investment managers and funds focused on...