"The plan in question had more than 39,000 participants and approximately $4.2 billion in assets. As other excessive fee suits have alleged, this one alleges that 'after an inquiry reasonable under the circumstances,' the defendants breached their fiduciary duties by 'among other things: [1] authorizing the Plan to pay unreasonably high fees for recordkeeping and administration (RK&A); [2] authorizing the Plan to pay unreasonably high fees for managed account services; and [3] engaging in self-dealing with regard to administration of the Plan.' " [Guyes v. Nestle USA Inc., No. 20-1560 (E.D. Wis. complaint filed Oct. 9, 2020)  MORE >>