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GAO

GAO says DOL has work to do on cybersecurity

The U.S. Government Accountability Office (GAO) asked the Department of Labor (DOL) to step up protections for participants in retirement plans against the growing threat of cyber theft.   In a report on the cybersecurity of the nation’s private retirem...

johnson johnson

Johnson & Johnson wins 401(k) lawsuits

A New Jersey Federal District Court dismissed a complaint by participants in 3 Johnson & 401(k) plans, who alleged that plan fiduciaries failed to protect their investments in company stock offered as a plan investment option. The participants argued that ...

abbott-laboratories_416x416

Abbott wins in theft suit, for now

Abbott Laboratories beat back a 2020 lawsuit from a 401(k) participant whose account was fraudulentl...

SDBA

Self-Directed Brokerage Account were also up for 2020 Q4

It’s a known fact that I don’t care for self-directed brokerage accounts in 401(k) plans, but I ...

reliance trust company

Reliance settles their role in Insperity case for $40 million

Reliance Trust has settled one of the largest 401(k) excessive suit settlements in their role in the...

proxy vote

DOL won’t enforce ESG and proxy voting rules

Not surprising most of us, the Department of Labor (DOL)’s Employee Benefits Security Administrati...

averages book 2021

401(k) fees are still sliding

The beauty of fee disclosure regulations and technological breakthroughs is that 401(k) fees have be...

goose 2020

Yes, we will reschedule our live events

That 401(k) Conference will return live in 2021. We will advise you of the make up dates for Houston...

good news

Well, it used to be worse

When I was younger, I was a pessimist. Everything to me, like a bad grade in Civil Procedure I was t...

TDFs

Yeah, I hate TDFs and here is another reason why

It is a well-known fact that I don’t like Target Date Funds (TDFs). It springs from the market mel...