While lawsuits continue to be filed against companies alleging their management of forfeited funds in 401 (k) plans violates their duties under the Employee Retirement Income Security Act, another ...

The company is now facing its second lawsuit in as many months over how it handled forfeitures in its $13 billion 401 (k) plan. If you’re a fiduciary—or advise one—pay attention.

While employers frequently believe vesting schedules support worker retention, “data does not support that,” according to a Penn State law professor, who is requesting that the IRS prioritize ...

Regulation and compliance A wave of ERISA lawsuits could alter workplace retirement plans By Elijah Nicholson-Messmer April 29, 2025, 5:20 p.m. EDT 5 Min Read wutzkoh - stock.adobe.com ...

Lawsuits over fund fees could multiply if expensive private funds enter U.S. retirement accounts.

Workplace retirement plans are facing a growing wave of class action lawsuits under the Employee Retirement Income Security Act (ERISA), pushing employers to evaluate the policies that dictate how 401 ...