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PLANSPONSOR BLINESs LOGO March 29th, 2022
Information & Insights for the 403(b) Community
2022 Plan Sponsor of the Year Finalists
2022 Plan Sponsor of the Year Finalists
PLANSPONSOR is pleased to announce the 2022 Plan Sponsor of the Year finalists in the Public Defined Contribution and Nonprofit DC categories.
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Ask the Experts
Retirement Plan Distributions for Incarcerated Persons
“We have a former employee who is incarcerated who has a balance in our ERISA 403(b) retirement plan. We initially thought he was a lost participant, but later found out he is in prison. Is he entitled to a benefit while incarcerated? Should we just send him paperwork regarding his retirement benefit like we would with any other employee?”
ERISA Suit Filed Against Dartmouth-Hitchcock Network
The plaintiffs accuse the defense of failing to work to reduce retirement plan expenses or to adequately scrutinize each investment option that was offered to ensure it was prudent.
Lawsuit Accuses Church of Mismanaging Retirement Plan
The plaintiff is seeking recovery on behalf of a class of participants in a retirement plan of the AME church, which reported a ‘material loss’ last fall.
Health Care Provider Faces Excessive Fee Lawsuit
Participants claim that the plan charged excessive fees for investments and recordkeeping services. 
Spousal Protections in DC Plans Eyed by Key Senators
Lawmakers have asked the Government Accountability Office to study the need for greater spousal protections in defined contribution retirement plans.
Capitol Hill Puts Focus on Retirement Security Legislation
The house will hold a committee hearing focused on improving Americans’ retirement savings and investing opportunities and vote on the ‘SECURE Act 2.0’ this Tuesday.
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