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Gucci Sued Over 401(k) Plan Fees, Transamerica Funds
Bloomberg BNA 
Sept. 19, 2017
"The lawsuit challenges Gucci's relationship with its 401(k) service provider, Transamerica Retirement Solutions LLC. Gucci allowed Transamerica to fill its $96.5 million plan with expensive, proprietary funds that earned fees for Transamerica at the expense of plan participants, according to the complaint filed Sept. 15 in a federal court in New Jersey. Gucci also failed to rein in the revenue-sharing payments that Transamerica received in connection with the plan, the lawsuit alleges."
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