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Federal Judge Dismisses Complaint Against HR Company TriNet
PLANSPONSOR; free registration may be required 
May 1, 2023 "[T]he class of plaintiffs alleged that the TriNet retirement committee committed two counts of fiduciary breach by failing to monitor plan recordkeeping costs -- causing participants to pay excessive fees for recordkeeping services -- and by employing an imprudent process in selecting and monitoring the plan's investments by selecting high-cost, underperforming investment options." [Huang v. TriNet HR III, Inc., No. 20-2293 (M.D. Fla. Apr. 26, 2023) |
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