closeup of Supreme Court Building Earlier this year, the Supreme Court declined toreview another 403(b) case, Munro v. USC. (Photo:Shutterstock)

Are simple allegations that the investments in a definedcontribution plan are too expensive enough to sue plan fiduciaries,even if those fiduciaries appear to have made reasonable enoughdecisions?

That's the question the administrators of the University ofPennsylvania's 403(b) retirement plan are petitioning the SupremeCourt to answer.

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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.