Compliance

A Minnesota collision shop is being sued regarding its 114-participant 401(k) plan.

The high court disagreed with the dismissal of certain plaintiffs’ claims for lack of standing.

Those in the retirement plan industry hoping for a slowdown in ERISA-based lawsuits will be disappointed to read of a new complaint against BB&T Corporation. 

An IRS webcast revealed common universal availability rule errors found by the IRS, and discussed rule provisions, as well as how to avoid and fix errors.

The agency is seeking nearly $250,000 for 401(k) plan participants.

The DOL accused John Koresko V and other defendants of siphoning money from death benefit plans.

The regulations remove the allocation rule for disbursements from designated Roth retirement accounts to multiple destinations.

Several provisions of the final rules are similar to those of the proposed rules.

Participants in M&T Bank retirement plans accuse the company of unfairly promoting its own mutual funds at the expense of plan performance.

The two rules are designed to protect employees’ confidentiality and ensure that workplace wellness programs promote good health.

The federal appellate court’s opinion turned on when to assess common control among employers.

Among other things, the court found Herbert C. Bruister fired the ESOP’s counsel for being “too thorough,” and caused his personal lawyer to influence an appraiser’s valuations to...

The American Benefits Council is asking for more time before the IRS imposes new mortality assumptions on defined benefit plans.

The police department was sued by the EEOC in 2013 for passing over a job candidate who was 45 at the time.

PBGC says its legal authority for this action comes from legislation about inflation adjustment of civil penalties.

Losing tax-exempt status can affect the ability to offer 403(b) plans.

While retirement industry regulators have been busy, not much has come out of Congress affecting retirement plans, but that may soon change.

A letter from Special Master Kenneth R. Feinberg says the plan to suspend benefits does not meet requirements of the Multiemployer Pension Reform Act of 2014.

Some actions were made clear by the rule, but there are still grey areas.

A webcast in June will address issues related to accumulated sick and vacation pay deferred to 403(b)s and 457(b)s.