Compliance June 10th, 2021 CDI Corp. Agrees to $1.8M ERISA Lawsuit Settlement The retirement plan in question in the suit is substantially smaller than many of those that have faced or settled...
Compliance May 14th, 2021 Humana Faces Classic Prudence Claims in New ERISA Lawsuit According to the plaintiffs, the plan’s fiduciaries did not try to reduce the plan’s expenses, resulting in the assessment of...
Compliance May 6th, 2021 Quest Diagnostics ERISA Lawsuit Can Proceed The district court roundly rejected the defense’s dismissal motions, ruling that the plaintiffs have sufficiently alleged that fiduciary breaches may...
Data & Research May 1st, 2018 Inappropriate Investments, Excessive Fees, Self-Dealing Most Common Reasons for ERISA Lawsuits The rise in lawsuits is prompting more sponsors to turn to lower-cost index funds—and could prevent them from offering lifetime income products.
Data & Research December 15th, 2017 Average Couple Will Pay More Than $150K in 401(k) Fees Higher-income workers, making $90,000 a year, will pay $277,000, according to America’s Best 401k.
Compliance November 20th, 2017 New Complaint Alleges Excessive Fees in NYU Plans This case was filed against NYU Langone Hospitals, NYU Langone Health Systems, the retirement plan committee, and several named defendants.