The hearing last month explored the legal process for enforcing the fiduciary duty of retirement plans to avoid excessive recordkeeping fees.

On January 17, 2025, the ERISA Industry Committee (“ERIC”) filed a lawsuit against the U.S. Department of Health and Human Services and other ...

There have been 25 cases where plan sponsors have been sued over their right to use forfeitures to reduce employer contributions. 7 cases have ...

Gerdau Ameristeel US Inc. negotiated a class-wide settlement with workers who say the steel maker’s 401(k) plan is plagued by excessive administrative fees.