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KPMG, Fiduciaries Face ERISA Lawsuit from Former 401(k) Participants
Pensions & Investments 
Oct. 29, 2021 "The complaint criticized 'the selection (and maintenance) of several funds … and payment of excessive record-keeping and administration fees that wasted the assets of the plan and the assets of participants because of unnecessary costs.' The plaintiffs alleged 'total plan costs were more than double that of its peers'[.]" [Ritorto vs. KPMG LLP, No. 21-1930 (D.N.J. complaint filed Oct. 27, 2021)] MORE >> |
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