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 ...

Last year, UHG paid $69 million to settle claims that fund selections in its 401 (k) plan underperformed the market. It’s also facing a number of lawsuits relating to its provision of health care.

Some of the biggest ERISA issues over the last year included those over 401(k) forfeited contributions and ESG investing, according to Gerald Maatman, co-author of the 2025 ERISA Class Action Review.

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 ...