EPIC Retirement Plan Services
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Hochheiser Deutsch & Co, Inc.
Trucker Huss, A Professional Corporation
Nicholas Pension Consultants
ERISA Services, Inc.
Carpenter Morse Group
Loren D. Stark Company
Bates & Company
Farmer & Betts, Inc.
RTD Financial Advisors
Kentucky Trust Company
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|California District Court Again Dismisses ERISA Lawsuit Challenging 401(k) Plan's Fees|
Jackson Lewis P.C., via Lexology; free registration required
May 11, 2021
"[T]he court rejected the plaintiffs' reliance on an industry publication's calculation of median fees charged by a few plan funds because the data amalgamated fees charged by funds with disparate characteristics.... Similarly, the court nixed the plaintiffs' comparison of actively managed funds to passively managed funds because the two types of funds 'have different aims, different risks, and different potential rewards that cater to different investors.' " [Davis v. Salesforce.com, Inc., No. 20-1753 (N.D. Cal. Apr. 15, 2021)]
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