Plansponsor district court moves ahead oracle 401k challenge

District Court Moves Ahead On Oracle 401(k) Challenge ... » Mar 27, 2017 ...A district court judge in Colorado has sided with the recommendation made by a magistrate judge, ruling that plaintiffs have sufficiently stated a claim in an ERISA lawsuit targeting Oracle. Plansponsor.com

Merrill Lynch outlines plans for its 401(k) fiduciary platform » Mar 15, 2017 ...Merrill Lynch signaled it will go ahead with its 401(k) business changes regardless of the outcome. ...role under the Employee Retirement Income Security Act of 1974, whereby an adviser makes an investment recommendation and a plan sponsor ultimately chooses to implement the suggestion. A 3(21)... Investmentnews.com

RECENT EMPLOYER STOCK AND OTHER FIDUCIARY LITIGATION » Mar 4, 2016 ...district court held that plaintiffs stated facially valid breach of fiduciary duty claims relating to an ESOP and an employer stock fund in another plan (presumably a 401(k) plan) in. Gedek v. Perez, 66 F.Supp.3d 368, 59 EBC 1854 (W.D. N.Y. 2014 ). The plans had been maintained by Eastman Kodak Company. Utzlattan.com

Public fund trustees facing host of difficult challenges - Pensions ... » Jun 26, 2017 ...Jan Goodwin, executive director of the educational retirement board, said the board is determining its next steps. The experience at New Mexico Educational is not unique and does raise governance concerns, sources said. When a legislature establishes authority to set a full-time employee count, limit... Pionline.com

Anthem Excessive Fee Case Moves Forward | PLANSPONSOR » Mar 27, 2017 ...A federal district judge has moved forward most claims in an excessive fee case brought by participants in the Anthem 401(k) Plan. The defendants, fiduciaries of the plan, moved to dismiss the ....District Court Moves Ahead On Oracle 401(k) Challenge. A district court judge in Colorado has sided with the... Plansponsor.com

Insperity 401(k) plan sued for excessive fees, imprudent investments ... » Dec 23, 2015 ...Insperity Inc. has been sued by participants in an Insperity 401(k) plan sold to small- and midsized employers that alleged the company and its subsidiaries charged “excessive” record-keeping fees and made other fiduciary breaches of ... Reliance Trust Co. et al., was filed in U.S. District Court in Atlanta. Pionline.com

Cetera, plan sponsor sued for excessive fees in $25 million 401(k) » Jul 19, 2016 ...In an unusual move, an indie B-D has been named a co-defendant in a suit that could be a sign of more legal fights for small plans. Investmentnews.com

High court set to rule on church-plan status - Pensions & Investments » Dec 12, 2016 ...The U.S. Supreme Court has agreed to resolve whether church-affiliated retirement plan sponsors are covered by the ERISA, a decision that could have ... But in dismissing a challenge to Ascension Health Alliance's church plan status in May 2014, U.S. District Court Judge Avern Cohn in Detroit said that... Pionline.com

Looming tax reform spurs hefty corporate pension contributions ... » May 11, 2017 ...Current tax law allows a plan sponsor to deduct a portion of its pension contributions based on its tax rate. ...of sponsors are looking at pretty significant contributions over the next few years as funding relief expires,” Mr. McEvoy said, referring to the 2012 Moving Ahead for Progress in the 21st Century Act. Pionline.com

403(b) Plan Pre-approval Program FAQs » May 9, 2013 ...The Revenue Procedure provides "[t]he Service expects future guidance to require the restatement of every section 403(b) pre-approved plan by the pre- approved plan sponsor every six years". So how is this process different from that of pre-approved 401(a) plans? In general the process appears to be... Ftwilliam.com