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The suit also alleges plan fiduciaries allowed for excessive recordkeeping fees to be charged to participants.

Academic research analyzed the auto-enrollment IRA program for private sector workers. 

President Joe Biden’s nominee for assistant secretary of labor for the Employee Benefits Security Administration, Lisa Gomez, has deep experience in labor issues.

The Retirement Readiness Calculator Program is intended to bolster plan sponsors’ planning and retirement support resources.

An EBRI report finds five policy ideas and assumptions would likely slash retirement savings deficits.   

The new ruling states that Tibble v. Edison’s discussion of the continuing duty to monitor plan investments applies in the Hughes v. Northwestern University case.

Both lawsuits argue that the index suit of the target-date funds would have been a better option for plan participants.

LeafHouse Financial announces new transitions; CalPERS board elects new leaders; Creative Planning acquires Reilly Financial Advisors; and more.

An order filed in an excessive fee lawsuit against Baptist Health South Florida says the 403(b) plan in question effectively agreed to arbitration on behalf of the plaintiff.

A federal court certified a class of trustees, sponsors and administrators of all ERISA employee benefit plans that owned variable annuity contracts via John Hancock’s Signature platform.

A higher salary might not be as effective to attract recruits as providing generous benefits, such as larger employer matching contributions in retirement plans, Hub suggests.

A new lawsuit alleges that plan sponsors at the health care facility breached their fiduciary duties.

An EBRI webinar compared Baby Boomers, Generation Xers and Millennials’ asset ownership, retirement plan access and net worth at the same ages to provide a clear total retirement...

The financial wellness service provider is launching new solutions aimed at helping employers tackle four key HR challenges.

Vanguard to expand ESG lineup; TIAA offers lifetime income for corporate retirement market; and MSCI partners with institutional digital investments provider.

The Alight Solutions 401(k) Index shows net 401(k) trading activity for 2021 was 0.53% of balances, the lowest annual figure measured since tracking began in 1997.

The new platform for 403(b) and 457(b) retirement plans is targeted to address challenges in tax-exempt and governmental employer retirement plans. 

Former non-union employees of the auto parts maker sought to overturn the Pension Benefit Guaranty Corporation’s decision to terminate their pension plan.

Plan sponsors say they will concentrate on diversity, equity and inclusion improvements in their retirement plans in 2022 and examine how participants are using benefits.