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Central Pension Fund of the IUOE
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Defined Benefit Calculation Specialist/Actuary The Angell Pension Group, Inc.
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Carpenter Morse Group
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Retirement, LLC
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Compass Retirement Consulting Group, Inc.
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Central Pension Fund of the IUOE
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Bates & Company
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Retirement Plan Legal Specialist Pentegra
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Prime Pensions, Inc.
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Trucker Huss, A Professional Corporation
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| Plaintiffs in DST Systems 401(k) Suit Awarded $79 Million Pensions & Investments  Jan. 15, 2021 "The original complaint, filed in September 2017, accused the defendants of pursuing 'an exceptionally imprudent investment strategy with respect to a significant portion of the plan's assets.' The complaint said the defendants 'failed to adequately monitor the investments of the plan and the fiduciaries,' causing participants to lose 'well in excess of $100 million.' According to the proposed settlement, DST Systems will pay $27 million; the investment advisory firm Ruane, Cunniff & Goldberg will pay $21.5 million; and Robert D. Goldberg, the former president and CEO of the firm, will pay $30.5 million." |
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