Featured Jobs
|
Sentinel Group
|
|
Regional Vice President, Sales MAP Retirement
|
|
DWC - The 401(k) Experts
|
|
Defined Benefit Plan Consultant/Actuarial Analyst Sentinel Group
|
|
Pension Investors Corporation
|
|
Retirement Relationship Manager MAP Retirement
|
|
Pattison Pension
|
|
Plan Administrator, Defined Benefit & Cash Balance The Pension Source
|
|
BPAS
|
|
Strategic Retirement Plan Consultant Retirement Plan Consultants
|
|
MAP Retirement
|
|
MAP Retirement
|
Free Newsletters
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
|
|
|
'Close Question' Commodity Claims Clear 401(k) Excessive Fee Dismissal
American Retirement Association [ARA] 
May 30, 2023 "[Several] recent decisions ... have dismissed suits for what were deemed conclusory claims that fees were excessive relative only to plans alleged to be comparable based solely on size (participants and/or assets). What seems to have made the difference [in this case] was the (not terribly more substantive claim) that the services provided for those fees were identical, a fungible commodity." [Mazza v. Pactiv Evergreen Services Inc., No. 22-05052 (N.D. Ill. May 18, 2023)] MORE >> |
| 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 linked news item's title). |
| An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above). |