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Auto Parts Co. Must Face ERISA Suit Over 401(k) Management

By Patrick Hoff (June 5, 2023, 8:37 PM EDT) -- An auto parts supplier can't avoid a lawsuit alleging its more than $1 billion 401(k) plan was saddled with excessive fees, a Michigan federal judge ruled Monday, finding the former workers leading the proposed class action provided reasons to doubt whether the company properly monitored the plan....

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