Browsing Tag
ERISA
280 posts
ERISA (Employee Retirement Income Security Act) is a 1974 U.S. federal law that sets minimum standards for most voluntarily established retirement and health plans in private industry. It aims to protect plan participants by requiring plans to provide information, establish fiduciary responsibilities, and give participants the right to sue for benefits and breaches of duty. ERISA also guarantees payment of certain benefits through the Pension Benefit Guaranty Corporation if a defined plan is terminated.
Rash of ERISA Lawsuits an Emerging Challenge: 2025 NAPA 401(k) Summit
Brian Graff says proliferation of lawsuits tops list of industry concerns during opening general session at industry’s biggest event
Jury Awards Pentegra MEP Participants $39 Million in ERISA Suit
Damages in excessive fee case believed to be highest yet after one-week jury trial
Trump EBSA Nominee Aronowitz Calls for Specialized ERISA Court
Encore Fiduciary leader and outspoken critic of frivolous litigation lays out case for why he believes it is needed
401(k) Forfeiture Lawsuits and SECURE 2.0 Compliance with Richard Clarke
The “flavor of the month” in retirement plan ERISA lawsuits seems to be 401(k) forfeiture reallocation cases, where…
Vast Majority of 401(k)s Have a ‘Red Flag’ Fiduciary or Regulatory Violation: Study
Abernathy-Daley analysis of Form 5500 filings indicate over 600,000 plans at risk
EBSA Recovers Nearly $1.4B for Employee Benefit Plans, Participants
Vast majority of FY 2024 recoveries come from enforcement actions and informal complaint resolutions; total is $51 million less than FY 2023
DOL Announces Enforcement Relief for Missing Participants
New policy offers plan fiduciaries option for handling small payments when beneficiary cannot be located
Judge Finds American Airlines Liable for ESG Investing in 401(k) Plan
Ruling announced today says airline breached its fiduciary duty of loyalty by failing to act solely in the plan’s best financial interests
Groups Urge Supreme Court to Clarify ERISA Litigation Pleading Standards to Combat Surge in Frivolous Suits
Amicus briefs filed asking Court to affirm Second Circuit judgment in Cunningham v. Cornell University which will be heard on Jan. 22
Why Cybersecurity Matters More than Ever for Plan Sponsors and 401(k) Plans
Q&A with Shelton Capital Management’s Alyssa Zagrobski and IT expert Bryan Becker reveals key cyber risk challenges for retirement plan sponsors and how to deal with them