Compliance
DOL Sues Company to Restore Contributions
Court Rejects Wellness Program Sponsor’s Motion to Dismiss
Costly Actuarial Errors Alleged in New Provider Lawsuit
Plaintiffs in a newly filed lawsuit argue inaccurate liability valuations have resulted in costly pension plan management mistakes.
Senate Committee Approves Bill Allowing Open MEPs
California Pensions Must Disclose Fees Paid to Alternative Managers
DOL Awards Research Grants for Exploring Portable Retirement Savings
PBGC Reduces Penalties for Late Premium Payments
IRS Extends Nondiscrimination Relief for Closed DBs
Nursing Home Sued for Diverting Retirement Plan Assets
Deadline Extended for Form 5500 Reform Comments
The DOL and other regulators want to modernize the Form 5500—with guidance from the plan sponsor public.
Congressional Gridlock Clouds Retirement Reform
Given the tumultuous political environment it is very difficult to assess the short-term prospects even for popular initiatives, experts warn.
IRS Requests Comments About Qualified Plan Document Requirements
PBGC Wants to Help More Sponsors Find Missing Participants
Instead of establishing an individual retirement account at a financial institution for each missing participant account, more plans would have the option of transferring benefits to PBGC.
Court Finds No Fiduciary Breaches in Antioch ESOP Transaction
Participant Files Suit Over Advisory Fee Breakdown
A retirement plan participant accuses a well-known plan provider of delivering “no material services” in connection with certain advisory fees.
What the Election Outcome Could Mean for Employee Benefits
Sponsor Faces Class Action Challenge Alleging Self-Dealing
The complaint cites portions of key Northrop Grumman plan documents, challenging the process by which the company assembled and monitored both the administrative and investment committees.