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22 results found

Article

Stinson LLP | USA | 12 Mar 2019

Class Action Filed Against Fidelity for Alleged “Secret Kickback Payments”

On February 21, 2019 attorneys for Andrew Wong, a participant in the T-Mobile USA Inc. 401(k) Retirement Savings Plan & Trust, filed a class action

Article

Stinson LLP | USA | 5 Jan 2018

Department of Labor Issues Proposed Rules Expanding Access to Association Health Plans

On October 12, 2017 President Trump issued an Executive Order concerning a number of health plan market initiatives. One of the items included in the

Article

Stinson LLP | USA | 25 May 2017

No Additional Delay on Effective Date of New Fiduciary Standards - DOL

This week, new U.S. Department of Labor Secretary Acosta announced that the final fiduciary regulations would go into effect on June 9, 2017. The

Article

Stinson LLP | USA | 25 Oct 2016

OwnerTrustee of 401(k) Plan Accused of Having Eyes Wide Shut on Fiduciary Duties

Last June I blogged about the trend of participant fee class actions moving down to smaller 401(k) Plans.

Article

Stinson LLP | USA | 26 Jul 2016

Proposed Form 5500 Changes & the new Schedule J: Big Changes for Small Group Health Plans

The US Department of Labor (DOL) has proposed changes to the Form 5500 and schedules that will affect ERISA Title I group health plans of all sizes

Article

Stinson LLP | USA | 1 Jun 2016

Inside Trustees for Small Minnesota 401(k) Plan Face Class Action Over Excessive Fees

A Minneapolis law firm recently filed a class action complaint against Lamettry’s Collision, Inc. and The Trustees of its 401(k) Plan, CFO Stephen

Article

Stinson LLP | USA | 17 Nov 2015

Federal court determines that employer use of Employee health insurance premium payments breach of ERISA fiduciary duties

On November 9, 2015, Minnesota Federal District Judge Susan Richard Nelson ruled that the president and CEO of Faribault Woolen Mills Company

Article

Stinson LLP | USA | 9 Dec 2014

Department of Labor and AICPA comment on deficient employee benefit plan audits

At a recent American Institute of Certified Public Accountants ("AICPA") conference, the Deputy Assistant Secretary of the Department of Labor

Article

Stinson LLP | USA | 13 Mar 2014

“Having trouble understanding your fiduciary fee disclosures?” DOL proposes regulations requiring new disclosure “guide”.

As noted in my previous Blog entries regarding the ERISA Section 408(b)(2) fee disclosures from covered service providers to plan fiduciaries, the

Article

Stinson LLP | USA | 17 Apr 2013

The U.S. Supreme Court upholds plan sponsor’s recovery of participant damages award

On April 16, 2013, the U.S. Supreme Court issued its opinion in U.S. Airways, Inc. v. McCutchen finding in favor of U.S. Airways in its quest to

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