Reliance Inks $40M Deal To End Insperity 401(k) Fee Suit

By Danielle Nichole Smith (October 13, 2020, 12:08 PM EDT) -- Reliance Trust Co. has agreed to pay nearly $40 million to settle an ERISA class action brought by workers who accused the investment manager of including poorly performing and costly proprietary funds in human resources services provider Insperity's retirement plan. ...

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