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DOL Sues Third Profit-Sharing Plan in 2024
The Department of Labor is continuing its enforcement push against profit-sharing plans.
Training Benefits Teams to Work with the Retirement Plan Looks Different for Every Organization
Staffers have varying degrees of experience with retirement plans, so providing training and education is vital when managing a benefits...
Retaining Skilled Experts Requires Employer Flexibility
Implementing a phased approach to retirement and transitioning workers in a ‘flex-tirement’ paradigm helps employers to remain competitive and keep...
Breaking Down ERISA Section 404(c) to the Basics
This provision is designed to protect plan fiduciaries from participants’ poor investment choices, but the plan sponsor is still responsible...
J.P. Morgan Data Breach Exposes 451,000 Plan Participants’ Information
Participant names, addresses, Social Security numbers and bank information were exposed in a breach the bank learned of in February.
California Marketer Claims Plan Change Caused Recordkeeper to Retaliate
A California plan sponsor has sued the provider it removed, 401(k) Easy, claiming the company perpetrated a scheme to defraud...
Can Employees in Canada Benefit from a 403(b) Plan?
Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.