Featured Jobs
|
Automotive Industries Trust Funds
|
|
Combo Retirement Plan Administrator Strongpoint Partners
|
|
Independent Retirement
|
|
The Pension Source
|
|
Relationship Manager for Defined Benefit/Cash Balance Plans MM Daybright Financial
|
|
Mergers & Acquisition Specialist Compass
|
|
BPAS
|
|
Compass
|
|
Pentegra
|
|
Senior Client Service Specialist EPIC RPS
|
|
Nova 401(k) Associates
|
|
Retirement Plan Onboarding Specialist Compass
|
|
Strongpoint Partners
|
|
BPAS
|
|
Attorney - ERISA, Benefits, & PRT Securian Financial Group
|
Free Newsletters
“BenefitsLink continues to be the most valuable resource we have at the firm.”
-- An attorney subscriber
|
|
|
Lawsuit Alleges Unexplained 401(k) Losses in Recordkeeper Switch
PLANSPONSOR; registration may be required 
Nov. 18, 2025 "According to the complaint, Rick Case Enterprises moved its 401(k) plan to Principal Financial Group from Empower Retirement in late 2022 ... [E]mployees were placed in a blackout period during the transfer ... When Principal received the funds in early January 2023, [the complaint] alleges that participant account balances were approximately 9% lower than before the transfer." [Hebert v. Rick Case Enterprises Inc., No. 25-62255 (S.D. Fla. complaint filed Nov. 7, 2025)] 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). |