After five years of litigation, the parties in an excessive fee suit have come to terms. The plaintiff in this case is Kaila Gonzalez, a participant in the $5.6 billion Northwell Health 403 (b) Plan, ...

We continue exploring the impact of recent developments on employers and what they need to know to stay compliant and protected.

Responding to a call from a financial advisor in Michigan, the ERISA consultants at the Retirement Learning Center (RLC) address what a plan sponsor must do in response to a former participant ...

Fees and litigation risk are traditional hurdles to greater private market investment adoption in the defined contribution plan space, something that could now change.

A federal judge has — again — granted fiduciary defendants their motion to dismiss a suit alleging a fiduciary breach in its use of plan forfeitures, this time with prejudice.

A new suit challenges “a scheme to significantly mislead retirement plan participants and greatly enhance corporate profits” — and while it names several Empower defendants, the plaintiffs are ...

While recent trends have favored fiduciary defendants in these forfeiture reallocation cases, a federal judge has, for the second time in a week, refused to grant a motion to dismiss.

Independent RIA firm SageView Advisory Group announced that it has acquired CAP STRAT (Capital Strategies Investment Group LLC) — an institutional retirement plan consulting and wealth management firm ...

In the first part of this three-part series, we explore the often-overlooked fiduciary responsibilities employers have when sponsoring health care plans and the need to understand, document, and ...

Most plans allow participants to borrow money from their 401(k) plans, but how do they treat loan repayments after an employee has separated from service? That was the topic of a recent “Question of ...

In what may seem counterintuitive, small businesses are more likely than large employers to not offer any financial wellness benefits, but they are also more likely to offer a large number of benefits ...

The Department of Labor (DOL) posted an updated regulatory agenda that includes several guidance projects in relation to SECURE 2.0 and investment advice fiduciary under ERISA, but the government’s ...