Newsdash Insight on Plan Design & Investment Strategy from PLANSPONSOR
August 20th, 2015
Trial Date Set for Boeing 401(k) Fee Case
The trial date has been set for the long-pending 401(k) excessive fee case, Spano v. Boeing. What issues does the case present, and could it be affected by a recent U.S. Supreme Court Decision?Read more >
DOL Says Company Kept 401(k) Contributions
The U.S. Department of Labor’s (DOL’s) Employee Benefit Security Administration (EBSA) has filed a lawsuit against Oxford Holdings, a former construction company, and its president and 401(k) plan trustee, Steven J. Watkins, alleging that plan contributions withheld from employee paychecks were kept by the company. The company ceased operations and has not paid employees their 401(k) assets.Read more >