History of 401(k) Plan Excessive Fee Cases. Once the Department of Labor’s participant fee disclosure rules for retirement plans became effective in 2012, the plaintiffs’ bar latched onto recordkeeping and investment fees...more
2/19/2024
/ 401k ,
Department of Labor (DOL) ,
Disclosure Requirements ,
Employee Retirement Income Security Act (ERISA) ,
Employer Group Health Plans ,
ERISA Litigation ,
Excessive Fees ,
Health Plan Sponsors ,
Pharmacy Benefit Manager (PBM) ,
Prescription Drugs ,
Recordkeeping Requirements ,
Retirement Plan
On January 10, 2022, the Departments of Labor, Health and Human Services, and the Treasury (collectively, the “Departments”) issued guidance requiring employer-sponsored group health plans to cover the cost of...more
Yesterday, the Department of Labor released Frequently Asked Questions and model notices and election forms in connection with the American Rescue Plan Act (“ARPA”) COBRA premium subsidy. The model notices and election forms...more
On April 2, 2021, the Departments of Labor (DOL), Health and Human Services (HHS), and the Treasury (collectively, the “Departments”) confirmed that group health plan sponsors must be prepared now to provide specific proof,...more
The Department of Labor (DOL) recently issued EBSA Disaster Relief Notice 2021-01 (the “Notice”), which provides guidance on expiration of the COVID-19 extended participant deadlines.
The COVID-19 extended participant...more