Tag: ERISA

Defined benefit (DB) plan sponsors have new guidance concerning new disclosure requirements mandated by the Moving Ahead for Progress in the 21st Century Act (MAP-21).

Annuity contracts can bring up several Employee Retirement Income Security Act (ERISA)-related issues that plan sponsors should consider.

With care, individual retirement account (IRA) rollovers from 401(k)s are possible.

Retirement plan sponsors should beware of potential fiduciary pitfalls when combining the summary plan description (SPD) and prospectus.

The Department of Labor (DOL) reached a settlement to compensate employee benefit plans for losses suffered through investments in Bernard L. Madoff’s Ponzi scheme.

The ERISA Industry Committee (ERIC) is urging a court to reject class certification in a lawsuit alleging fiduciary breach claims concerning stable value fund investments in money market...

The Department of Labor (DOL) has obtained $80 million for participants of Sherwin-Williams’ employee stock purchase and savings plan.

ERISA (Employee Retirement Income Security Act) 3(21) and 3(38) fiduciary services have been added by July Business Services for qualified retirement plan sponsors.  

Participants from three 401(k) plans have filed a lawsuit against Fidelity Investments regarding its use of float income.

Mutual fund trustees may display favoritism toward funds from their own firms, said researchers at Indiana University at Bloomington.

ING Life Insurance and Annuity Co. has agreed to settle allegations brought by the Department of Labor (DOL).

Former employees of Jeld-Wen Inc. filed a lawsuit claiming an amendment to the firm’s employee stock ownership plan (ESOP) took away their benefits.

The Department of Labor (DOL) is soliciting comments about a proposed information collection request to guide rulemaking about retirement benefit statements.

Bank of America has won a lawsuit alleging it violated the Employee Retirement Income Security Act (ERISA) by investing retirement plan assets in bank-affiliated funds.

Calculations of lump sum pension benefits consider cost of living adjustments (COLA) participants would have received if they had taken an annuity at retirement.

On a steady course of expansion, CAPTRUST Financial Advisors in Raleigh, North Carolina, has acquired Freedom One Financial Group in Clarkston, Michigan.

Callan’s “2013 DC Trends Survey” indicates that in 2012, defined contribution (DC) plan sponsors spent their time on compliance matters.

A court ruled contributions owed to a 401(k) are not plan assets, so an employer did not breach fiduciary duties by not contributing.