Compliance | May 26th, 2023 ERISA Lawsuit Against O’Reilly Automotive Dismissed Six former employees lost their lawsuit against the auto parts company, that claimed it allowed 401(k) participants to pay excessive...
Compliance | April 28th, 2023 ERISA Lawsuit Against NJ Transit Authority Dismissed The 3rd Circuit Court of Appeals upheld a District Court ruling that government plans are not covered by ERISA.
Compliance | April 28th, 2023 Federal Judge Dismisses Complaint Against HR Company TriNet The 2020 ERISA retirement lawsuit alleged fiduciary breaches committed by the retirement plan committee.
Compliance | April 27th, 2023 Oilfield Services Company Baker Hughes Faces ERISA Lawsuit A class action complaint filed in Texas alleges fiduciary breaches by the company’s 401(k) plan.
Compliance | April 19th, 2023 Mutual of America Agrees to $2.75 Million 401(k) Lawsuit Settlement Subject to court approval, the retirement plan services and investments provider will pay participants in a class action case who...
Benefits | April 17th, 2023 DOL Sues Profit-Sharing Retirement Plan of California Consultant The Department of Labor alleges an environmental consultant abandoned responsibility for its profit-sharing retirement plan in the late 1990s.
Compliance | April 11th, 2023 Car Parts Producer Faces Retirement Lawsuit The retirement plan for Tenneco Inc. employees is alleged to have committed two breaches of fiduciary duty.
Compliance | April 3rd, 2023 Coca-Cola Bottlers’ Association Agrees to Settle ERISA Case for $3.3 Million The lawsuit against the CCB multiple employer plan needs court approval to finalize settlement.
Compliance | March 29th, 2023 ERISA Complaint Against DISH Network Dismissed A federal judge found the plaintiffs had not established an adequate peer for the funds’ fees and performance in question.
Ask the Experts | March 28th, 2023 Is Change Coming for 403(b) Plan 5500 Filings? Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.
Compliance | March 23rd, 2023 Live Nation Faces Excessive Fee Lawsuit Participants claim that Live Nation offered higher-cost share classes for its 401(k) plan when identical, cheaper options were available.
Deals and People | March 17th, 2023 Retirement Industry People Moves Franklin Templeton appoints Dean R. Sackett III to managing director of government affairs; Hall Benefits Law adds Alex Bruckner; National...
Compliance | March 15th, 2023 LinkedIn Settles 401(k) Excessive Fee Complaint for $6.75 Million The social media company has agreed to pay participants in a class action case who alleged it did not shop...
Compliance | March 7th, 2023 DOL Appoints 5 New Members to the ERISA Advisory Council The new members represent accounting, insurance and the interests of employers, employees and the general public.
Compliance | February 10th, 2023 SECURE 2.0 RMD Change Could Cause Trouble in States With Certain Unclaimed Property Laws Kentucky, Maine, Colorado and Nevada will have to update their escheatment laws or take the risk of unjustly taking over...
Compliance | February 9th, 2023 Judge Dismisses TDF Complaint Against Microsoft Microsoft has been spared one of a string of lawsuits against plan sponsors over putting retirement savers in a BlackRock...
Compliance | February 2nd, 2023 ERISA Case Against Dish Network Likely to be Dismissed A federal magistrate judge found that the plaintiffs did not adequately state a claim of excessive fees.
Compliance | January 17th, 2023 Deloitte Vindicated in Excessive Fee Dismissal An ERISA suit filed in 2021 alleged that Deloitte did not monitor the fees being charged to its 401(k) plan.
Ask the Experts | January 17th, 2023 Should We Continue to Refer to Our 403(b) Plan by an Outdated Name? Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.
Compliance | January 5th, 2023 Texas Area Counseling Service Found Exempt from 403(b) ERISA Requirements The service was found to be in a legal safe harbor, but the case continues against the plan adviser.