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District Court Dismisses ERISA Excessive Fee Lawsuit Against Service-Provider
planadviser; registration may be required 
Apr. 22, 2022 " '[T]he service codes in the 2018 Form 5500 filings of [10 other employers' 401(k) plans, produced by the plaintiffs,] indicate that the services provided are different or more limited than those the plan participants receive. Most notably, none of these 10 purportedly 'comparable' plans offer participants the pension consulting or valuation services [USI Consulting Group] offers to the plan participants,' according to the order." [Cunningham v. USI Ins. Servs., LLC, No. 21-1819 (S.D.N.Y. Mar. 25, 2022)] MORE >> |
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