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The plaintiff alleges that fiducuaries' failure to remove an underperforming actively managed mutual fund from the 401(k) plan's menu led to losses for participants.

The Institutional Retirement Income Council’s Kevin Crain says using a common vocabulary would reduce participant confusion over income products.

The grocery chain was ordered to pay $1.2 million out of the more than $9 million former employees sought.

JPMAM enhances Retirement Link platform; T. Rowe Price launches dynamic emerging markets bond ETF; and Alto IRA platform adds Forge Trust alts, accounts.

The final rule stems from multiple agencies’ 2025 proposal that leaves plan sponsors with increased compliance and governance responsibilities.

MetLife revealed that 80% of sponsors plan to completely divest their liabilities within the next five years.

Only 22% of workplace retirement plans offer access to guaranteed lifetime income, according to DCIIA.

The events, both scheduled for mid-October, concern health plan investigations and voluntary fiduciary correction programs.

The parties did not agree on the definition during Tuesday’s proceedings.

Voya had recordkept the plan since its inception.

Plan participants mostly lack the readiness to meet potential long-term care needs, according to a recent survey.

Plan costs declined by 23 basis points over the same period.

PLANSPONSOR is asking for help identifying organizations that demonstrate exceptional leadership in helping employees prepare for retirement. The Plan Sponsor of the Year awards recognize the actions sponsors...

During a pro forma session on Thursday, two ranking members kicked off their bid for SECURE 3.0 legislation. 

Only 14% of survey respondents said they were comfortable with using retirement savings each month on things they enjoyed.

Nationwide hires Mimi Hodac as consultant relationship manager; MissionSquare promotes Jesse Coleman to head of consultant relations; BenefitHub appoints 3 to senior leadership positions; and more.

Four years after most survey respondents to an NCPERS survey said recruiting was problematic, most now take a different view.

Congress passed a bill changing the descriptions for Social Security claiming ages, as experts consider the impact of potential benefit cuts.

Since its inception in 2021, Special Financial Assistance Program grants have added 9% to the aggregate funding level of U.S. multiemployer plans, per Milliman.

Plan sponsors are seeking flexibility, rather than planning for hibernation or termination, as they consider how to get the most from a fully funded plan.