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Default rate is higher

The Plan Sponsor Council of America through their annual survey has indicated is that 3% is no long...

DOL changes mind on private equity investments

The Department of Labor (DOL) ‘clarified’ a 2020 DOL letter on private equity...

Retirement plan assets dip in Q3

Quarter 3 of 2021 was a little choppy and retirement plan. Assets show that. Total U.S. retireme...

Nokia sued over 401(k) plan

Nokia of America is one of the latest employers hit with a class-action lawsuit over the fees in it...

Voya sued over own investments in their plan

When you are in the mutual fund business and you offer those funds in your plan, you probably will ...

Pennsylvania to add IRA program

Add another state-run IRA program for private-sector workers, that will increase retirement plan co...

Federal Courts are getting sick of Mad Libs ERISA

Even with the Northwestern University case in the Supreme Court’s hands, I can assure you that th...

Adidas win ERISA lawsuit

A federal judge has dismissed an excessive fee suit against Adidas that “contains no factual alle...

IRS changes restatement process

The Internal Revenue Service (IRS) has changed the 403(b) restatement process after publishing the ...

Gomez gets committee nod to head EBSA

Lisa Gomez’s bid to lead the Employee Benefits Security Administration has moved past a Senate Co...