Tag: Fees

Data shows about one-fourth of nonprofit plan sponsors are not aware of what comprises a formal fee policy statement, and...

For someone making $90,000 a year, that would jump to $277K, America's Best 401k says.

The complaint seeks to state a claim—without relying on hindsight—by arguing the underperformance of a large cap fund was “virtually...

Today, only 69% of assets in retirement plans are in actively managed funds, down significantly from 84% in 1996.

The suit alleges that defendants “breached their fiduciary duties by causing the plan to invest in funds offered and managed...

Neither Xerox nor Financial Engines were acting in a fiduciary capacity relating to their fee arrangement, a court found.

The court basically decided Fidelity was not the fiduciary responsible for choosing to provide the advice and SDBA offerings to...

Recordkeepers widely identify “reducing plan administration costs” and “maximizing participant savings” as the top two priorities for defined contribution plan...

The tool leverages a 401(k) database to hone in on the often complex fee structure associated with retirement plans.

Participants allege the company should have allowed a single recordkeeper to service its traditional DC plan and its 403(b) plan—and...

According to plaintiffs, Ruane’s flagship fund, the Sequoia Fund, contained more than $25 billion in assets until the firm “engaged...

There are potential compliance problems in the works if regulators don't grasp the key differences involved in sub-TA fees and...

Strategic beta ETFs are an important asset class to consider, but new research also warns many of the products “aren't...

A court certified a class in the consolidated lawsuit after first rejecting BB&T’s arguments that the class did not meet...

A federal court judge found most claims were not plausibly alleged by the plaintiffs.

A new report answers some common questions plan sponsors may have about the BICE rule.

A new ruling has emerged in the long-running case, applying instructions from the Supreme Court and the 9th Circuit to...

For the most part, the investment management expenses plans pay are significantly greater than additional billed expenses, and are generally...

Vanguard updates benchmarks for bond funds; USA Financial adds asset managers to platform; Voya cuts fees on Large-Cap Growth Fund;...

Deutsche and Fidelity cut fund expenses; Transamerica debuts smart beta ETFs; and Vanguard adds TimeSquare Capital to advisory team.