AimPoint Pension
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Loan & Distribution Specialist AimPoint Pension
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Bates & Company, Inc.
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Compass
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Regional Vice President of Sales The Retirement Plan Company
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Defined Benefit Combo Cash Balance Compliance Consultant Loren D. Stark Company (LDSCO)
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Judge Moves Forward Lawsuit Challenging Use of Active TDF Suite
PLANSPONSOR; free registration may be required July 20, 2021 "[The judge] noted that of the 29 Fidelity funds in the active TDF suite, 17 of them trailed their respective benchmarks over their respective lifetimes ... [T]he active suite also had a significantly higher expense ratio than the index suite, despite consistently underperforming the index suite ... The defendants continued to use the active suite as the plan's [QDIA] for as long as it was an option in the plan's investment menu." [In re Prime HealthCare ERISA Litigation, No. 20-1529 (C.D. Cal. Jul. 16, 2021)] |
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