Carol I. Buckmann is a partner with New York-based Cohen & Buckmann, P.C., an executive compensation, pensions, and benefits law firm.
401k Cyber Theft Lawsuit Highlights Recordkeeper Procedures
We need a federal solution to protect participant accounts
Who is Responsible for 401(k) Plan Mistakes?
Who is responsible when a plan fails to apply the correct definition of compensation in determining benefits, fails…
Evaluating Target Date Funds Is A 401(k) Fiduciary Responsibility
Surveys show that the overwhelming majority of 401(k) plans offer target date funds as part of their investment…
6 Steps for 401(k) Fiduciaries to an Effective ERISA RFP
One of the most important responsibilities of plan fiduciaries is hiring the right service providers. These providers must…
Abbott Defendants Dismissed from 401k Cybertheft Lawsuit—For Now
I previously wrote about a lawsuit filed against Abbott Labs and recordkeeper Alight by a participant whose account…
Will Your Target-Date Fund Trigger a Fiduciary Lawsuit?
Target-date funds may be the ticking time bomb of ERISA litigation. There are major differences among target-date funds,…
10 Litigation Lessons for 401(k) Fiduciaries
401(k) fiduciary litigation is not going away. If you are a plan fiduciary looking to avoid (or win)…
Can Employees Release ERISA Fiduciary Breach Claims?
Plan fiduciaries looking to avoid protracted court cases filed by their plan participants are trying to develop the…
Is the Tide Turning in 401k Fee Litigation?
Given the number of investment and fee cases in the news, you would be forgiven for thinking that…
Ten Litigation Lessons for 401(k) Fiduciaries
401(k) and 403(b) plan litigation is not going away. If you are a plan fiduciary looking to avoid…