Settlement in Johns Hopkins 403(b) Plan Lawsuit Includes Recordkeeper Bid
The $14 million settlement agreement also requires the University to retain an independent consultant to assist plan fiduciaries in reviewing...
Tag: 403(b) Litigation
Sanctions Called for Workers and Attorneys in Sacerdote et al. v. NYU
There are several bases on which the court could impose sanctions.
Wisconsin Private Colleges Unite Retirement Plans in ‘403(b) MEP’
The Wisconsin Association of Independent Colleges and Universities announced a partnership with Transamerica to create a 403(b) multiple employer retirement...
Mercer Offers Focus Tips for E&F Investment Committees
Among tips Mercer suggests is evaluating litigation vulnerability at a time when lawsuits against higher education 403(b) plan sponsors are...
What 403(b) Plan Sponsors Can Learn From Recent Lawsuits
Steps can be taken to prevent a lawsuit, establish defenses if a lawsuit arises and buy fiduciary protection.