Benefits & Executive Compensation News
View and Filter All Stories

Latest Stories

Bartender Advances 401(k) Tip Suit Against Host International

Airport food provider Host International Inc. must defend a proposed class action claiming it improperly blocks tipped workers from contributing tips to their 401(k) accounts, following a ruling by the U.S. District Court for the District of Maryland.

Fidelity Defeats 401(k) Self-Dealing Claims in First Circuit

Fidelity Investments scored a big legal victory Friday, when the First Circuit ruled that the company can’t be liable as an ERISA fiduciary for charging “infrastructure fees” to the mutual funds that appear on its 401(k) investment platform.

Duke Energy Retirement Plan Fee Challenge Suit Gets Early Boost

A proposed class action accusing electric power holding company Duke Energy Corp. of mismanaging its 401(k) plan got a boost when a federal magistrate judge in the Western District of North Carolina recommended the case move forward over the company’s motion to dismiss.

Exela Inks $750,000 Settlement Over Modest 401(k) Plan’s Fees

Exela Enterprise Solutions Inc. will pay $750,000 settle a 401(k) investor’s proposed class action challenging the fees associated with a predecessor company’s retirement plan, the parties told a federal judge in the U.S. District Court for the District of Connecticut.

View More