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401(k) and 403(b) Fund and Fee Litigation Heats Up
Dickinson Wright Link to more items from this source
Oct. 13, 2020

"[T]he pace of these lawsuits has increased this year, with more than 50 class action lawsuits filed since the beginning of 2020.... [N]ow is a good time for every plan sponsor to evaluate its own fiduciary processes related to investment funds and service providers.... [P]lan sponsors should consider and be able to answer four important questions: [1] How much? [2] Why/What? [3] How do you know? [4] Can you prove it?"

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