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Displaying 173 results for: ERISA
ERISA 11.06.2020

The Importance of Documenting Retirement Plan Investment Decisions

  Sponsors of retirement plans increasingly face claims for breach of fiduciary duties. Examples include cases concerning “excessive” 401(k) plan fees. The National Law Review offers some practical advice. The Heavy Weight of Claims According…
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The Importance of Documenting Retirement Plan Investment Decisions
ERISA 10.07.2020

Employers Increasingly Concerned About Employee Finances

  A growing number of employers are concerned about the financial well-being of employees—and employees want more financial guidance. Retirement plan sponsors have a bigger role to play! Overall Financial Well-Being Programs Bank of America’s…
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Employers Increasingly Concerned About Employee Finances
ERISA 09.20.2020

Help for Small Businesses: Employee Retirement Benefit

It’s going to be a busy fall for employee benefit administrators and retirement plan sponsors across the country, as the federal government rolls out guidance and standards related to the SECURE Act. Small business owners…
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Help for Small Businesses: Employee Retirement Benefit
ERISA 09.17.2020

Changes Impacting ERISA Are Coming

Across the country, retirement plan sponsors are in “wait and see mode” as the U.S. Department of Labor (DOL) works to rapidly rolling out proposed new regulations. Many of the efforts are intended to respond…
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Changes Impacting ERISA Are Coming
ERISA 09.09.2020

Hiring Outside Advisors Does Not Remove Plan Sponsor Fiduciary Liability

Plan sponsors have a lot of responsibility as fiduciaries when managing an employee benefit plan. They have to make sure that the plan assets are invested properly, employees are given adequate information about benefits, employees…
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Hiring Outside Advisors Does Not Remove Plan Sponsor Fiduciary Liability
ERISA 09.08.2020

IHeart Communications Slammed with ERISA Class Lawsuit

iHeart Communications Inc. is now battling a proposed class action in the Northern District of Texas captained by plan participants and beneficiaries of its 401(k) plan. The plaintiffs of the case claim plan sponsors did…
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IHeart Communications Slammed with ERISA Class Lawsuit
Cyber 09.07.2020

What are Common Cyber-Threats?

A cyber-attack is a digital assault by cyber-criminals using a technical device to sneak through private records on a single computer, multiple computers, or computer networks. Cyber-attacks can swiftly disable computers, swipe essential data, or hijack a…
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What are Common Cyber-Threats?
ERISA 09.07.2020

Report: 4,000 Cyber-Attacks a Day Since COVID-19 Pandemic

Top cybersecurity establishments and law enforcement agencies are reporting a staggering 800% escalation in cyber-attacks since the birth of the COVID-19 cessation. Per MonsterCloud, cybercriminals are ramping up their hacking methods as more individuals are working remotely…
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Report: 4,000 Cyber-Attacks a Day Since COVID-19 Pandemic
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