Nova 401(k) Associates
Nicholas Pension Consultants
Compensation Strategies Group, Ltd.
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|Lowe's Reaches Tentative Deal on ERISA Suit|
Pensions & Investments
Apr. 27, 2021
"Lowe's Cos.... tentatively agreed to settle a lawsuit filed by a participant in a company 401(k) plan ... [who had] sued in April 2018 alleging that the plan fiduciaries and Aon had violated their ERISA responsibilities because the plan retained an underperforming investment from Aon in beginning in 2015."
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