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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)]

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