In Huang v. TriNet HR III, Inc., the District Court for the Middle District of Florida threw out a case against a multiple-employer plan and rejected the plaintiff’s testimony that the fees were too high in its entirety.
While the defendants used expert testimony of someone who knows something about retirement plan pricing (Steve Swisher), the plaintiffs relied on someone who. Owned a third-party administration firm in the 1990s and had no idea how MEPs are priced.
Whether it’s expert testimony in a case or just someone to help with issues on a plan, pick someone who knows what they’re talking about.
