Subscribe to Free Daily Newsletters
Post a Job

Featured Jobs

Manager, Retirement Plan Documents

Transamerica
(Denver CO)
ESOP Consultant

Ascensus
(Atlanta GA / Telecommute)
Retirement Plan Administrator

Farmer & Betts, Inc.
(Tacoma WA / Littleton CO / Tualatin OR)
Project Manager Benefits Communication

BeneCom Associates
(Acton MA / Telecommute)
Client Success Specialist

Ubiquity Retirement + Savings
(AZ / CA / CO / FL / IL / KY / LA / MA / NC / NJ / NV / NY / OR / SC / WA / Telecommute)
Defined Contribution Plan Administrator

The MandMarblestone Group, llc
(Philadelphia PA / Telecommute)
Plan Document Specialist

Aimpoint Pension
(Pompano Beach FL / Telecommute)
Retirement Plan Administrator

Group RHI
(Dallas TX / Houston TX / Telecommute)
Retirement Plan Administration Consultant

TSC
(Edina MN / Telecommute)
Sales - 401(k) / DB Administration

Farmer & Betts, Inc.
(Tacoma WA / AL / FL / GA / IA / IL / IN / MD / MN / MO / NC / OH / OK / PA / TN / TX / VA / WI)
Senior Pension Consultant

The Ryding Company
(Westlake Village CA)

Free Daily News and Jobs

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Get the BenefitsLink app LinkedIn
Twitter
Facebook

<< Previous news item   |   Next news item >>



"The plaintiffs allege that the broker ... received excessive fees for the allegedly minimal services provided to the plans.... The $6 million alleged paid in 2012 to the broker ... amounts to about 40 basis points on $1.42 billion. If it ends up being that this was a case of the runaway train that can happen when providers are paid with uncapped revenue sharing, ... this complaint should be a wake up call to plan sponsors everywhere with similar setups."
Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the link above).
An important word about authorship: BenefitsLink® is providing a hypertext link to the item shown above, but is not the author of the item (unless otherwise specified).
© 2020 BenefitsLink.com, Inc.