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Excessive-fee allegations survived, while complaints about improper use of forfeitures were dismissed.

Participants with at least $2,000 in emergency savings contributed more to their 401(k) accounts and took fewer withdrawals than those without, the firm found.

The closure followed the Social Security Administration’s cuts to research funding, announced in February. 

Congress introduced a bill this year to remove early withdrawal penalties for participants in qualified retirement plans that have been affected by fraud.  

Baron Capital makes senior hires; Horatio Sparkes leads business development at Pandion; Inspira Financial appoints Debby Moorman as EVP; and more.

Imagine360 product provides health care spend transparency; PGIM expands fixed-income ETF offerings; SmartX introduces full integration of semi-liquid alt investments; Tortoise Capital adds to its lineup of ETF...

The order directs the Labor Department, Treasury and SEC to reexamine guidance around alternatives, including cryptocurrency, in retirement plans to encourage wider adoption.

The firm announced plans to reduce overall expense ratios by as much as 45%.

Growth has continued on both the asset and account level in 2025.

The analysis urges plan sponsors to incorporate private credit into defined contribution plan investments, particularly target-date funds.

The Social Security Administration’s top actuary provided an estimate that the ‘Big Beautiful Bill’ will have ‘material effects’ on the funds’ financial status.

In a recent study by Mercer, 77% of employers named the management of GLP-1 costs as their top health-benefit issue.

HSA growth continued in 2024, balances topped $146 billion, data collected by the Devenir Group show.

Participants increasingly look to plan sponsors for assistance, as debt looms over their ability to borrow and to save for retirement.

The amicus brief was joined by the ERISA Industry Committee, the Center on Executive Compensation and the American Benefits Council.

The measures are intended to protect recipients from fraud and identity theft. 

A much-anticipated executive order and industry promotion have led to increased attention on private investments’ inclusion in retirement plans, even though few currently offer them. 

The company’s energy division still faces a separate complaint that was filed last week.  

ERISA attorney David Kaleda joins Eversheds Sutherland; Ameritas announces national sales director of retirement plans; Voya Investment Management expands distribution team; and more.

Cuts to the Social Security Administration’s research, announced in February, led to the closure.