Surety Matters

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Displaying 11 results for: 401k
ERISA 08.31.2020

Mercy Health 401(k) Plan Participants Sue for ERISA Violations

Former and current plan participants in 401(k) plans sponsored by Mercy Health Corporation are now suing the operators of hospitals/clinics and their fiduciaries for ERISA breaches under the Employee Retirement Income Security Act of 1974. The lawsuit…
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Mercy Health 401(k) Plan Participants Sue for ERISA Violations
ERISA 07.17.2020

Recent Updates in ERISA Plan Investment Regulation

The Labor Department has launched new guidance on private equity in 401(k) plan designated investment choices and a suggested regulation on social, environmental and governance investing. The proposed rule, titled Financial Factors in Selecting Plan…
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Recent Updates in ERISA Plan Investment Regulation
ERISA 07.09.2020

How to Effectively Handle DB Plans Through Covid-19

Defined Benefit, or DB plan sponsors were immensely impacted when the market was pummeled by the COVID-19 crisis. It is predicted that the volatility of the marketplace will maintain for a while. As such, plan…
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How to Effectively Handle DB Plans Through Covid-19
ERISA 06.17.2020

Excessive Fee Lawsuit Targets RK Fees

In the U.S. District Court for the Southern District of Ohio, a lawsuit was filed by plaintiff-participants Gregory Stark, William Gaff and Michael Lewin as representatives on behalf of participants in the $2.9 billion Keycorp…
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Excessive Fee Lawsuit Targets RK Fees
ERISA 06.10.2020

401(k) Plan Administrators: Beware of Increasing Identity Fraud

According to Javelin Strategy & Research’s 2020 Identity Fraud Report, digital criminals are targeting the financial services industry and their devastating tactics will negatively impact customers throughout the next 12 months. The study amplifies that…
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401(k) Plan Administrators: Beware of Increasing Identity Fraud
ERISA 06.05.2020

DOL Approves Private Equity in TDFs

The Department of Labor has given the green light to private equity investments in professionally handled funds within 401(k)s. In a detailed Information Letter, the head of Division of Fiduciary Interpretations at the Employee Benefit…
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DOL Approves Private Equity in TDFs
ERISA 06.03.2020

Fiduciary Liability Claims and “Silent Cyber” Coverage

A vital concern sweeping businesses across the country is a term called “silent cyber”, or the coverage for cyber devastation under traditional property and casualty insurance policies, in contrast to purpose-built cyber insurance policies. A…
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Fiduciary Liability Claims and “Silent Cyber” Coverage
ERISA 05.14.2020

4 Plan Sponsor Action Plans During COVID-19

As the dynamic ripples of the COVID-19 pandemic continue to sculpt the current marketplace, it is vital for plan sponsors to augment their establishment’s retirement plans for what may lie ahead. Warranting the efficiency of…
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4 Plan Sponsor Action Plans During COVID-19
ERISA 04.28.2020

New Legislation Will Temporarily Raise Contribution Limits

Rep. Patrick McHenry, a republican of North Carolina serving on the House Financial Services Committee, introduced the Securing Additional Value for Every Retirement Saver (SAVERS) Act in order to temporarily raise contribution limits for defined…
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New Legislation Will Temporarily Raise Contribution Limits