Compliance

Secretary of Labor Eugene Scalia is fighting his own lawsuit about the matter and objects to a provision in the settlements that would bar him from litigation.

According to the complaint, during the class period, the plan paid between $239 and $567 per participant annually for retirement plan recordkeeping and administration services.

The lawsuit says the target-date funds were selected for the plan despite having no performance history and, when they continued to underperform, they were not replaced with better...

The newly published text of the settlement agreement and accompanying order include significant non-monetary actions to be undertaken by UPenn.

The lawsuit claims the trustee allowed an unauthorized person to take a distribution from a participant’s account and that the trustee is refusing to provide information to help...

Participants have filed a suit alleging the bank used its retirement plan to promote its investment products.

Attorneys review what regulations plan sponsors must adhere to and legal decisions to keep in mind for the new year.

A district court has rejected dueling summary judgment motions filed by the plaintiffs and defendants in an ERISA self-dealing lawsuit involving BlackRock.

Guidance in three parts offers suggested processes for DC plans and DB plans and reveals errors DOL staff should look for.

DST Systems and Ruane, Cunniff & Goldfarb have agreed to settle a lawsuit regarding investments in the DST Systems Inc. profit sharing and 401(k) plans.

Central to the dismissal is the consideration of several issues of standing.

The lawsuit says VALIC engaged in a prohibited transaction, as well as self-dealing, in violation of ERISA when surrender fees were charged during the transfer of assets to...

The appeal asks whether an earlier Supreme Court ruling means ESOP fiduciaries are effectively immune from duty-of-prudence liability for the failure to publicly disclose potentially damaging inside information.

The lawsuit alleged that after the plan no longer qualified as a ‘church plan,’ it failed to be funded according to ERISA standards.

The action comes after much back and forth and legal action regarding incentives employers may provide employees to participate in wellness programs.

The new complaint states that the Allstate defendants mishandled the process of picking the plan’s default target-date fund suite.

The agency says the agreement delays the plan’s insolvency date and reduces the expected burden on its multiemployer plan insurance program.

A schedule to help plan sponsors track important due dates for their plan