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Why the 'Meaningful Benchmark' Standard Is a Judicial Illusion Built for Wall Street
The Commonsense 401(k) Project Link to more items from this source
[Opinion]
Jan. 21, 2026

"There is no statute that requires a 'meaningful benchmark.' ERISA's prudence standard focuses on process, not performance relative to a counterfactual benchmark. Benchmarks were a judicial convenience, not a substantive legal test."  MORE >>

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