April 11, 2024
Several recent lawsuits challenging how employers use 401(k) forfeitures — which occur when a worker leaves before an employer's matching contributions fully vest — are approaching critical early tests, with rulings expected on dismissal bids in the coming months. Here, Law360 looks at how this area of Employee Retirement Income Security Act litigation has gained traction, and what to look out for next.
March 18, 2024
A Northern California hospital network cost workers millions of dollars by failing to leverage the "mammoth" size of its retirement plan to get a better deal on recordkeeping and administrative fees, according to a proposed class action.