by David Torrillo | Oct 3, 2014 | Employee Benefit Plans, News and Press Releases, Retirement - 401(k), 403(b)
As detailed in an article by Greg Stohr, 401(k) Fees at Issue as Court Takes Edison Worker Appeal, the U.S. Supreme Court will consider giving 401(k) participants more power to sue their plans over investments that impose excessive fees, accepting an appeal...
by David Torrillo | Aug 19, 2014 | Employee Benefit Plans, Forms and Procedures, News and Press Releases, Policy Updates, Retirement - 401(k), 403(b)
The DOL recently issued Field Assistance Bulletin 2014-01 which details procedures fiduciaries should take to find missing participants and properly distribute account balances. The Bulletin suggests that fiduciaries use certified mail, check related plan and...
by David Torrillo | Mar 25, 2014 | Employee Benefit Plans, Retirement - 401(k), 403(b)
This week has been a busy week for plan fiduciary cases. First, the Eighth Circuit issued its widely anticipated excessive fee decision in Tussey vs. ABB. Next, the Supreme Court signaled it may be interested in deciding whether 401(k) plan fiduciaries can be in...
by David Torrillo | Oct 1, 2013 | News and Press Releases
International Paper Co. in Deep Water The Wall Street Journal reported that International Paper Co. agreed to a $30 million settlement in a suit over the company’s 401(k) Plans. The company agreed to distribute the money among some 70,000 individual workers and former...
