Data and Research | December 13th, 2022 EBSA Collects $1.4 Billion, Largely from Enforcement, in 2022 More than $500 million of the recoveries returned to defined benefit plan participants.
Compliance | December 13th, 2022 2023 ERISA Plan Compliance Calendar A schedule to help plan sponsors track important due dates for their plan
Compliance | December 2nd, 2022 Top Commodity Regulator Raises Cryptocurrency Regulation on Capitol Hill Cryptocurrency regulation is needed for the broad health of both financial markets and 401(k) investors, the CFTC chief warned senators.
Compliance | November 16th, 2022 Juniper Agrees to Settle ERISA Suit for $3 million The network hardware firm agreed to an ERISA settlement totaling $3 million to dismiss claims of fiduciary breach.
Compliance | November 11th, 2022 DOL Clears Question over Plan Sponsor PEP Member Responsibility for Fidelity Bonds The department Labor replied with information for the SECURE Act amendments to ERISA that relate to the bonding requirements under...
Products | November 8th, 2022 Comparative 401(k) Tool Is Released To Public The analytics tool is now available to plan providers, plan sponsors and plan participants.
Investing | November 7th, 2022 Crypto Advocate ForUsAll Would Drop DOL Suit if Guidance Not Enforced CEO David Ramirez says the firm will drop its lawsuit against the DOL so long as the agency confirms its...
Investing | November 4th, 2022 Callan: DC Plan ESG Use Drops in ’22 On Backlash, Rule Confusion A potential backlash on ESG investing along with confusion over DOL guidance led to a 14% drop in ESG implementation...
Compliance | November 3rd, 2022 Ohio Bricklayers Pension Fund Gets PBGC Bailout The union plan had been severely underfunded for over a year but can now meet its liabilities to nearly 400...
Benefits | October 12th, 2022 Aon PEP Passes Assets Milestone Aon has accumulated $1billion in plan assets and commitments since it launched the pooled employer plan.
Administration | October 6th, 2022 How Plan Sponsors Can Combat Cybercrime A panel hosted by the National Institute on Retirement Security explained that all pension plans are at increased risk, especially...
Compliance | September 27th, 2022 What Would a Government Shutdown Mean for the DOL? The Department of Labor would be able to sustain services deemed essential, as well as those that receive forms of...
Compliance | September 13th, 2022 DOL Recovers Millions for Wells Fargo Plan Participants A settlement has been reached after an Employee Benefits Security Administration investigation.
Compliance | September 12th, 2022 ERISA’s 48th Anniversary Passes Without a Senate Vote on EBSA Head Despite push from HELP Committee Chairwoman Patty Murray, Lisa Gomez’s nomination as assistant secretary of labor remains in limbo.
Compliance | July 28th, 2022 Senators Press Fidelity on Bitcoin Exposure In a letter, the Senators question why Fidelity would allow retirement plan participants to be exposed to the ‘untested, highly...
Ask the Experts | July 26th, 2022 Are Retirement Plan Sponsors Still Required to File Form 8955-SSA? Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.
Compliance | June 15th, 2022 Department of Labor Open to Crypto Rule for Retirement Plans Secretary of Labor Marty Walsh also testified in Congress that President Joe Biden’s budget must be implemented to protect workers’...
Compliance | June 13th, 2022 PSNC 2022: Plan Sponsor Cybersecurity Responsibilities Experts discussed what procedures plan sponsors can put in place and how to encourage participants to do their part in...
Compliance | June 3rd, 2022 Retirement Plan Provider Sues DOL in 401(k) Cryptocurrency Row A retirement plan provider that championed cryptocurrency for 401(k) plans has brought a lawsuit against the Department of Labor for...
Compliance | May 26th, 2022 Department of Labor Announces Final Form 5500 Changes The changes to Form 5500 for defined contribution and defined benefit plans are modest.