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By Lynn Cavanaugh | June 27, 2025
Plan sponsors must benchmark their plan selection funds yearly and replace those underperforming funds, recommends Abernathy Daley 401k Consultants, which assessed performance data from over 58,000 401(k) plans.
By Lynn Cavanaugh | June 25, 2025
This latest forfeiture lawsuit dismissal aligns with recent decisions from other federal courts rejecting challenges to employer use of forfeited funds from departing, unvested employees, under ERISA guidelines.
By Lynn Cavanaugh | June 23, 2025
A federal court overruled the Pension Benefit Guaranty Corporation’s decision not to offer financial assistance to the bakery fund, but it now opens the door to 100 other previously ineligible pension plans to apply for special financial assistance, says the risk advisory letter.
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