Compliance

If a 457 plan meets the definition of pension plan in certain cases, all accounting and financial reporting requirements that are relevant to pension plans should be applied,...

Defendants in an excessive fee case point to an appellate court decision that found "the fact that fiduciaries did not select the cheapest investment does not plausibly suggest...

The decision emphasizes that the use of hindsight to judge the prudence of fiduciaries’ investment decisions is impermissible under ERISA.

Details of the settlement in the first case of its kind to call into question the cybersecurity defenses a plan sponsor and its providers had in place for...

Each database contains, or links to, all the agency’s guidance documents and provides certain information about them.

Similar to the plethora of ERISA excessive fee fiduciary breach lawsuits that have been filed in recent years, this one suggests the plan failed to use its bargaining...

Contents of the DOL’s Getting It Right – Know Your Fiduciary Responsibilities seminar will be presented via three different webcast sessions.

The trustee embezzled approximately $186,123.93 from the plan, as well as knowingly and willingly failed to file a required annual report for the CMG pension plan.

“Defendant has not acted in the best interest of the plan and its participants,” the complaint states. “Instead, defendant used the plan—one of the largest 401(k) plans in...

A non-monetary component of the settlement requires Oracle to instruct its 401(k) plan recordkeeper to not solicit participants for cross-selling products and services.

Sources debate whether electronic delivery of retirement plan disclosures could blunt some of the impact of the Supreme Court’s ruling in Intel vs. Sulyma.

The lawsuit says the plan ‘inexplicably failed to select these lower fee-charging and better-return producing share classes.’

Expert attorneys say the ruling is significant for a variety of reasons—not least because it expands the potential liability plan sponsors face in fiduciary breach lawsuits.

A federal judge said the special fiduciary appointed to oversee the plan has sole authority to file lawsuits on behalf of the plan.

Not addressing the question of whether the Puerto Rico Supreme Court violated the First Amendment, the U.S. Supreme Court found a lower court lacked jurisdiction to issue payment...

The hotel chain is being sued for not using a court-ordered equivalency method for calculating vesting service to participants in its pension plan.

The decision against summary dismissal of Herndon vs. Huntington Ingalls is made more significant by the fact that similar cases have been filed against large employers across the...

The Department of Labor alleges various failures and points of wrongdoing associated with sale of company stock to RVR Inc. employees.