Tag: Employee Retirement Income Security Act

IBM’s decision to unfreeze its pension is a ‘strong endorsement’ of plan sponsors operating parallel defined contribution and defined benefit...

Alight claims Paula Disberry’s retirement lawsuit “arose out of the unfortunate theft,” of $750,000 in 401(k) assets, not fraud or...

Plaintiff Paula Disberry has requested the court order restoration of her $750,000 in lost assets.

Plan participants working at Amazon subsidiary Whole Foods Market sued in Texas federal court.

The American multinational technology company is pulling its traditional 401(k) company match in favor of a company retirement account contribution...

Many industry experts believe there is a need for an ‘ERISA 2.0’ that includes a stronger framework for universal coverage,...

The plaintiff, Bryan Spence, referenced another federal court’s decision in asking a Texas federal court to deny the defendants’ motion...

Lawyers for the plaintiff, a third-party administrator, alleged identical claims against each defendant.

Attorneys for the Colgate-Palmolive Employee Relations Committee seek to end the plan sponsor’s involvement in a lawsuit alleging fraudsters stole...

Both parties brought motions as a former pilot asserts that fiduciaries for American Airlines’ defined contribution plans breached their duty...

Joe Urwitz joins Crowell & Moring; Cognizant announces Dalal as CFP; Advisor360 appoints Fanning to board of directors.

The 10th Circuit has joined several other circuit courts in holding that a ‘meaningful benchmark’ must apply to 401(k) participant...

A law firm has sued four defined pension plans over the last six weeks alleging fiduciaries violated ERISA and shortchanged...

The plan’s former trustee, Reliance Trust Company, settled a complaint following an investigation.

The Department of Labor sued Minnesota technology consultant Virtual Matrix after an investigation found fiduciaries of the profit-sharing plan permitted...

The former director of academic information resources at Howard University has sued the higher education institution, employees’ pension plan and...

The Department of Labor claims a New Jersey electrical contractor misappropriated employees’ retirement plan contributions and ended employer contributions to...

The airline has sought to dismiss the litigation, but the trial could begin in late June of next year.  

The Department of Labor’s Employee Benefits Security Administration is bringing the regulator’s retirement plan compliance seminar to California.

The tax agency intends to use outreach and expanded exams over the next year to address compliance by companies with...