Week ending May 26th, 2017

Hello PLANSPONSOR readers! Retirement plan excessive fee litigation shows no end in sight; two more excessive fee suits were filed against universities this week. However, a new application aims to help plan sponsors negotiate better fees, and two reports show mutual fund expenses are trending downward. Enjoy this edition of PLANSPONSOR Weekend, and have a very happy long weekend!

Editor's choice

Compliance

Participants Sue Princeton Trustees for ERISA Breaches

The plan sponsor is accused of failing to leverage its size and sophistication to ensure a fair deal on recordkeeping for plan participants, among other claims.Read more >

Compliance

University of Chicago Faces Excessive Fee Lawsuit

The university is accused of not negotiating a better price for recordkeeping and retaining high cost, underperforming investments, among other things.Read more >

Products

Application Aims to Give Plan Sponsors Fee Negotiating Power

Josh Itzoe from Greenspring Wealth Management says FeeMetri(k)s’ goal is to make retirement plan sponsors fee experts in five minutes.Read more >

Investing

Mutual Fund Expenses Continue Downward Trend

There was a decline in expense ratios for actively managed and index equity and bond mutual funds, ICI data shows.Read more >

Investing

Morningstar Reports Record Low in Fund Fees

The demand for low-cost passive funds is driving a downward trend in fees for mutual funds and ETFs, according to research by Morningstar.Read more >

Share the news with a friend! Pass PLANSPONSOR Weekend along—and tell your friends/associates they can sign up for their own copy.Read more >

MOST POPULAR STORIES

TRIVIAL PURSUITS: What do the M’s stand for in M&Ms?

2020 Recordkeeping Survey

TRIVIAL PURSUITS: Meaning and Origin of the Idiom “Watershed Moment?”

Some may describe the arrival of the coronavirus as a “watershed moment.”

Rush of Litigation Against Retirement Plans Expected to Continue

One insurer says the more than $1 billion in settlements thus far could make fiduciary insurance a thing of the past.

2021 Defined Benefit Administration Survey

Editorial: Alison Cooke Mintzer alison.mintzer@strategic-i.com

Advertising: advertise@strategic-i.com

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