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A new lawsuit against a jumbo defined contribution plan takes aim at the relationship The Vanguard Group, Inc. had as recordkeeper and trustee of participant assets, and the allegedly high fees participants paid to invest in proprietary Vanguard funds.

Nick Thornton

Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.

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