Compass Retirement Consulting Group, Inc.
ERISA Services, Inc.
Retirement Plan Consultants
Plumbers Local Union No. 1 Benefit Funds
Carpenter Morse Group
RTD Financial Advisors
Trucker Huss, A Professional Corporation
Bates & Company
Hochheiser Deutsch & Co, Inc.
Loren D. Stark Company
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|Appeals Court Affirms Dismissal of Fidelity 'Infrastructure Fee' Lawsuit|
Mar. 24, 2021
"Fidelity describes the fee as compensation for the costs of maintaining the platform. But the plaintiffs alleged the fee is a 'pay-to-play' charge for access to Fidelity's retirement plan investors that violates Fidelity's ERISA fiduciary duties.... The appellate court, like the lower court, rejected all of the plaintiffs' theories for fiduciary status[.]" [In re Fidelity ERISA Fee Litigation, Wong v. FMR LLC, No. 20-1286 (1st Cir. Mar. 5, 2021)]
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