The action is in response to an IRS extension of some retirement plans’ Form 5500 filing deadlines.
According to the lawsuit, an unknown user accessed the plaintiff’s stock plan account by exploiting the ‘forgot password’ option and impersonating the plaintiff over the course of several...
The Treasury Department makes clear that the PPP offers help with employer contributions to retirement plans and toward health benefits for employees.
The lawsuit alleged plan fiduciaries acted for their own benefit by forcing participants to choose among costly investments managed by JPMorgan and BlackRock.
However, the case was sent back to a federal district court to determine whether ERISA’s church-plan exemption violates the Establishment Clause.
Plan sponsors should continue to pay attention to litigation and consider what litigation may arise.
The plaintiffs have successfully amended their complaint and “plead charts, comparative studies and specific facts” necessary to proceed into discovery.
A last ditch effort to point out that another circuit found no evidence of fiduciary misconduct in a similar case apparently did not persuade the high court it...
A new district court ruling finds Fidelity liable for certain fiduciary breaches in the operation of its own retirement plan, but the decision ‘addresses only the question of...
Plan sponsors now have until June 30 to update their pre-approved and individually designed 403(b) plan documents.
Plan sponsors who have faced regional natural disasters will be familiar with many of the relief provisions adopted by Congress, from the suspension of required minimum distributions to...
The parties say they have reached a confidential settlement resolving all claims.
The complaint says plan fiduciaries failed to negotiate fixed-interest contract terms for the 401(k) that were as good as the same fund’s terms for its DB plan.
Throughout the 7th Circuit’s decision, it contends the plaintiffs put forth their own opinions and preferences rather than evidence of fiduciary breaches.
Among other things, the bill would allow for targeted, penalty-free access to tax-qualified accounts for those hit hardest by the health crisis.
It was the documented process of the multiemployer plan trustees’ considerations of withdrawal proposals by Kroger that helped them win the case.