Japanese Firm Ruled Liable for U.S. Subsidiary Pension Obligations
October 25, 2013 (PLANSPONSOR.com) – A Japanese firm that purchased the now-defunct U.S.-based Metaldyne Corporation has been found liable for...
Tag: Fiduciary
Fiduciaries of California ESOP to Repay Plan Funds
October 23, 2013 (PLANSPONSOR.com) – The Department of Labor (DOL) has obtained a consent order for fiduciaries to repay funds...
DOL Seeks New Fiduciaries for Tennessee Plan
October 21, 2013 (PLANSPONSOR.com) – The Department of Labor (DOL) is seeking to replace the fiduciaries of an abandoned retirement...
Fee Litigation Risks Still an Issue
October 17, 2013 (PLANSPONSOR.com) – The industry-wide focus on improving fee transparency and reasonability has not significantly reduced litigation risks...
Another Pension Plan Sued over Investments
October 9, 2013 (PLANSPONSOR.com) – A participant in the U.S. Bancorp Pension Plan has filed a class action lawsuit against plan...
Opinions |
Exploring Target-Date Fund Transparency
October 4, 2013 (PLANSPONSOR.com) - Since the Department of Labor release of additional guidance for target-date fund screening and monitoring...
International Paper Files to Settle 401(k) Fees Suit
October 1, 2013 (PLANSPONSOR.com) – International Paper Company has filed a motion to settle a lawsuit regarding allegations of excessive...
Benefits |
Fiduciaries Consider Outsourcing of Certain Duties
September 30, 2013 (PLANSPONSOR.com) – Fiduciaries of defined contribution (DC) retirement plans are becoming increasingly challenged to carve out time...
Service Provider Assessing a Fee Was a Fiduciary
September 27, 2013 (PLANSPONSOR.com) – A federal appellate court found that a service provider that assessed a plan-related fee was...
DOL Announces More Enforcements
September 23, 2013 (PLANSPONSOR.com) – Word that the Department of Labor (DOL) is stepping up its enforcement is being backed...
Benefits |
Protecting Fiduciaries and Optimizing Committee Performance
September 20, 2013 (PLANSPONSOR.com) – Traditionally, benefit plan committees oversaw administration, investments—everything to do with sponsoring and administering an employer-sponsored...
Contractor Owing Withdrawal Liability Not a Fiduciary
September 19, 2013 (PLANSPONSOR.com) – The 9th U.S. Circuit Court of Appeals has ruled that withdrawal liability owed by a...
Benefits |
The Benefits of Improving Target-Date Fund Transparency
September 12, 2013 (PLANSPONSOR.com) – A recent white paper examined how improved transparency with target-date funds would help retirement plan fiduciaries...
DOL Asks Court to Replace Plan Fiduciaries
September 11, 2013 (PLANSPONSOR.com) – The Department of Labor (DOL) has filed a lawsuit to replace the fiduciaries of an...
Products |
Pentegra Offers Fiduciary Warranty
September 3, 2013 (PLANSPONSOR.com) – Pentegra Retirement Services is offering The Pentegra Fiduciary Promise.
DOL Gets Judgment to Restore Employee Contributions
August 28, 2013 (PLANSPONSOR.com) – The U.S. Department of Labor (DOL) has obtained a default judgment to restore employee contributions...
DOL Seeks New Fiduciary for Abandoned 401(k) Plan
August 23, 2013 (PLANSPONSOR.com) – The U.S. Department of Labor (DOL) has alleged that DTK Computer Inc. failed to take...
DOL Seeks Restoration of N.J. Plan Contributions
August 23, 2013 (PLANSPONSOR.com) – The U.S. Department of Labor (DOL) recently filed a lawsuit that seeks restoration of missing...
Investment Adviser Ordered to Restore Plan Losses
August 19, 2013 (PLANSPONSOR.com) – An investment adviser has been ordered to restore plan losses, incentive fees and penalties for...
Benefits |
Institutionalizing DC Plans Can Help Sponsors, Participants
August 16, 2013 (PLANSPONSOR.com) – By institutionalizing their defined contribution (DC) plans, plan sponsors can give their participants better retirement...