Compliance

The denial will let a 1st U.S. Circuit Court of Appeals decision stand, which the Investment Company Institute previously said will increase ERISA litigation, distort retirement plan fiduciary...

Premiums have gone up, and the agency says it has simplified reporting requirements for risk transfer activities.

“The selection of an interest rate assumption after the Measurement Date would create significant opportunity for manipulation and bias” by multiemployer plan trustees, a federal appellate court stated.

The plaintiffs suggest that the task of evaluating investments has become simpler for plan fiduciaries and that prudent fiduciaries will search for and select the lowest-priced share class...

Basically, the plaintiff never alleged an injury from the DB plan operating as exempt from ERISA requirements.

National Rural Electric Cooperative Association, previously subject of a DOL investigation, is facing a lawsuit regarding excessive fees and prohibited transactions.

Though more guidance is expected for certain provisions of the SECURE Act, there are some that are urgent for plan sponsors to address.

Attorneys with Drinker Biddle & Reath LLP have revealed fees required to initiate arbitration have been reduced by tens of thousands of dollars, and both parties now must...

The tables are to be used for determining contributions to DB plans and permitted disparity in DC plan contributions.

The case has been stayed until the parties can draft the settlement agreement.

While participants will be affected more than sponsors, sources say it is a best practice for sponsors to know when and how the rule applies and how providers...

A schedule to help plan sponsors track important due dates for their plan

The agency’s response to an entity requesting church plan status for its retirement plan offers its interpretation of relevant Internal Revenue Code and ERISA Sections.

403(b) plan sponsors should be aware of how their plan investments and fees stack up and of their fiduciary responsibilities, and they should better document decisions.

Jeffrey Slocum & Associates will pay some $500,000 into a settlement account in exchange for a release of all ERISA claims.

Trader Joe’s retirement plan committee is accused of failing to seek competitive bids for recordkeeping, among other alleged fiduciary breaches.

It has agreed to pay $5 million into a settlement fund.

One unique feature of the complaint is a short discussion of Sageview Advisory Group being a “non-defendant fiduciary.”

The agency says the third six-year remedial amendment cycle for pre-approved defined benefit (DB) plans begins on May 1, 2020, and ends on January 31, 2025.

In addition, the bank has agreed to an independent review of funds in its 401(k) plan and to issue a request for information to multiple potential recordkeepers.