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Multiple Employer Plans: Fiduciary Litigation Risk
October Three Consulting 
May 5, 2021 "[U]nlike typical 401(k) fiduciary litigation, Khan is a suit against the multiple employer plan provider (Pentegra), not against the plan's adopting employers, and there is an issue about the comparability of the Pentegra (multiple employer plan) fees to single employer plan fees." [Khan v. Bd. of Dir. of Pentegra Defined Contrib. Plan, No. 20-7561 (S.D.N.Y. complaint filed Sep. 15, 2020; memo. in support of motion to dismiss, Apr. 1, 2021)] MORE >> |
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