Whole Foods Market has agreed to settle a class-action lawsuit that alleged the company failed to prudently manage the administrative fees of its $1.9 billion 401(k) plan, resulting in millions in losses for employees. The lawsuit, filed in 2023 by former ...
Blue Ridge Associates announced today that it has acquired Qualified Retirement Plan Services, Inc. (QRPS) based in Raleigh, North Carolina. Founded in 1988, QRPS manages over 1,000 retirement plans that serve more than 31,000 participants, with assets exc...
For years, I observed that federal courts were growing weary of cases involving fee litigation, but...
Nothing surprises me much anymore, neither should the results of the survey that a Nasdaq 100 surve...
T. Rowe Price announced today the launch of in-plan emergency savings accounts (ESAs) for participa...
State-run retirement programs, including automatic individual retirement accounts (IRAs), are expan...
If you are a large 401(k) plan considering offering in-house funds, be prepared for potential lawsu...
401GO has partnered with Mesirow to provide outsourced 3(38) fiduciary services to its clients. Mes...
I remember when I was a kid and someone else’s parent bragged about how well their kid was doing....
The Department of Labor (DOL) has issued a model notice for applicants to the Voluntary Fiduciary C...
