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Benefit Plan Sponsors › Transaction Fees

Holland & Knight LLP

Circuit Courts of Appeal Uphold Dismissal of 401(k) Fee Challenges Post-Hughes

Holland & Knight LLP on

Following the U.S. Supreme Court's decision in Hughes v. Northwestern University, courts around the country continue to articulate the pleading requirements for a breach of duty of prudence claim under the Employee Retirement...more

Ary Rosenbaum - The Rosenbaum Law Firm P.C.

Focusing too much on Plan fees isn’t healthy either

Ary Rosenbaum - The Rosenbaum Law Firm P.C. on

I remember as a kid that there was move to use margarine because of the cholesterol that was in butter. Who can forget those talking Parkay carton commercials? Of course, we later learn that many margarines had high amounts...more

Proskauer - Employee Benefits & Executive...

Service Provider Not A Fiduciary In Negotiating Its Contract

Proskauer - Employee Benefits & Executive... on

A federal district court in Iowa dismissed a putative class action complaint brought by several 401(k) plan sponsors who alleged that Principal Life Insurance Company breached its fiduciary duties to the plans by charging...more

Ary Rosenbaum - The Rosenbaum Law Firm P.C.

Fees are only part of a 401(k) Plan’s problem

Ary Rosenbaum - The Rosenbaum Law Firm P.C. on

10 years before I went on my own and started my own practice, I started The Rosenbaum Law Firm P.C. It was a side venture, kind of an attempt to see if I can start my own practice without actually having to leave my day job....more

Ary Rosenbaum - The Rosenbaum Law Firm P.C.

If they made the poor Plan decisions, they may take offense on your criticism

Ary Rosenbaum - The Rosenbaum Law Firm P.C. on

Two years ago, I had the worst call with a prospective client in the 14 years I have been an ERISA attorney. Without divulging any information about this prospective client, this 401(k) plan sponsor was like many...more

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