Subscribe (Free) to
Daily or Weekly Newsletters
Post a Job

Featured Jobs

Senior Defined Benefits Consultant

Loren D. Stark Company
(Remote)

Loren D. Stark Company logo

Pension Consultant

Randall & Hurley, Inc.
(Remote / Liberty Lake WA / Helena MT)

Randall & Hurley, Inc. logo

Education Consultant

Pentegra
(Remote / Putnam Valley NY)

Pentegra logo

Client Service Specialist

EPIC Retirement Plan Services
(Remote / Norwich NY)

EPIC Retirement Plan Services logo

Plan Compliance Analyst (Administrator)

RPA
(Remote)

RPA logo

Retirement Plan Administrator - Senior Associate

PBMares
(Norfolk VA)

PBMares logo

Retirement Plan Administrator

Excellent TPA
(Remote)

View More Employee Benefits Jobs

Free Newsletters

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Mobile App image LinkedIn icon
Twitter icon
Facebook icon

<< Previous news item   |   Next news item >>



Ohio District Court Dismisses Putative Class Action Challenging 401(k) Investment Performance and Fees
Jackson Lewis P.C.Link to more items from this source
Oct. 6, 2021

"With respect to administrative fees, the court reasoned that Plaintiffs had 'simply not provided the Court with sufficient factual allegations to permit an inference of imprudence.' ... With regard to the allegedly underperforming funds with unreasonably high fees, the court found that Plaintiffs failed to adequately describe any meaningful benchmark funds or sufficiently allege actionable underperformance." [Forman v. TriHealth, Inc., No. 19-613 (S.D. Ohio Sep. 24, 2021)]

Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the link above).
An important word about authorship: BenefitsLink® is providing a hypertext link to the item shown above, but is not the author of the item (unless otherwise specified).
© 2022 BenefitsLink.com, Inc.