In Race to Bring Private Assets to 401(k)s, Industry Sees Promise, Peril
As the push for alternatives continues, much is left to be worked out, experts say.
Tag: ERISA
House Committee Advances GOP Bill to Tighten Retirement Plan Lawsuit Rules
Republicans say the measure would curb ‘frivolous’ ERISA litigation; Democrats warn it could weaken workers’ ability to challenge mismanagement of...
Appeals Court Ruling Upends Path for ERISA Class Actions
After the 4th Circuit ruled that losses in 401(k) plans are individualized, lawyers must weigh the ripple effects on large...
DOL Moves to Dismiss Opinion in Morgan Stanley Deferred Pay Dispute
The Department of Labor filing says former advisers lack standing to challenge an advisory ruling used in arbitration over deferred...
401(k) Plans Expand Features, Lower Fees as Employers Refine Retirement Benefits
New research from the Investment Company Institute found the use of automatic enrollment spreading, employer contributions nearly universal and plan...
4th Circuit Tosses Class Certification in Genworth 401(k) Fiduciary Breach Case
The appeals court ruled that ERISA claims tied to defined contribution plans involve individualized losses and cannot proceed as mandatory...
Judge Allows ERISA Suit Over Discount Tire Retirement Plan Investments to Continue
Ruling allows the proposed class action alleging imprudent investment choices in the $1.2 billion employee retirement plan to proceed.
Complaint Alleges Cushman & Wakefield Failed to Protect Workers’ 401(k) From Climate Risks
The plaintiff claims the real estate giant ignored climate-related financial threats and kept an underperforming fund in its retirement plan.
PLANSPONSOR Roadmap: Fiduciary 101 Benchmarking Investments and Fees
As lawsuits mount and regulations evolve, experts urge plan sponsors to focus less on predicting markets and more on documenting...
RCH Urges Plan Sponsors to Adopt Sound Uncashed-Check Resolution Policy
Uncashed checks carry fiduciary and regulatory implications, a Retirement Clearinghouse article warned.
Stifel Hit With 401(k) Investment Mismanagement Complaint
The plaintiff claims retirement plan fiduciaries ignored years of underperformance, costing workers millions of dollars.
Providence Health Settles Forfeiture Complaint for $42.7M
Despite 67 forfeiture complaints filed in the past two years, settlements remain rare.
Private Investments Could Put New Demands on Plan Fiduciaries
Regulatory clarity and evolving fund structures are increasing private market exposure in retirement plans, but experts say prudence, process and...
Attorneys Discuss Implications as PBMs Face Rebate Pass-Through Mandate, Fee-Disclosure Rules
Groom Law Group lawyers say new reporting, participant access and $10,000-per-day penalties could reshape PBM contracting—and raise fiduciary scrutiny of...
Judge Allows 401(k) Forfeiture Complaint Against Illinois Tool Works to Proceed
The court deemed plausible employees’ allegations that the firm improperly used forfeited retirement funds to cut its own costs.
District Court Sends Nationwide 401(k) Fee Complaint to Trial
The alleged lack of shared information with a consultant created a ‘palpable tension,’ the court ruled.
Lawmakers Introduce Bill to Simplify Form 5500 Reporting
The bill would extend the deadline for filing to October 15 from July 31 and enhance the process for electronic...
401(k) Settlements Highlight ERISA Litigation Divide
Settlements reached in 2025 produced median retirement-plan recoveries of just $68 per worker, intensifying the debate over who really benefits...
EBSA Says It Recovered $1.4B for Retirement Plans in Fiscal ’25
A majority of the reported recoveries came from enforcement actions, according to the agency.
Federal Judge Dismisses ERISA Excessive Fee Complaint Against Bayada
A North Carolina court dismissed all claims, holding the workers lacked standing and failed to show real financial harm.