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401(k) Fee Litigation (PDF)
Groom Law Group
[Guidance Overview] May 7, 2008 Excerpt: Over the past several years, more than two dozen lawsuits have been filed relating to 401(k) plan fees and, more specifically, 'revenue sharing' arrangements with plan service providers.... In addition to the lawsuits against plan sponsors, lawsuits have been brought against 401(k) plan service providers. These cases typically are based on allegations that the service providers are 'functional fiduciaries' under ERISA. [At the target page, links are provided to an outline and a chart on the issues.] MORE >> |
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