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New 403(b) Plan Suit Says Fees Were 'Astronomical'
American Retirement Association [ARA]Link to more items from this source
Aug. 23, 2021

"Another multibillion-dollar plan -- this one a faith-based, not-for-profit health care organization and clinical care network -- finds itself in the crosshairs of a Capozzi Adler lawsuit.... [T]he suit notes that they delivered and received confirmation of their administrative demand -- but got no response, and so they declared that the 'failure to respond within the time prescribed by the SPD deems Plaintiffs' administrative claim exhausted.' " [Holmes v. Baptist Health of South Florida, Inc., No. 21-22986 (S.D. Fla. complaint filed Aug. 17, 2021)]

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