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401k › Fiduciary Duty › Summary Plan Description

Ary Rosenbaum - The Rosenbaum Law Firm P.C.

Beneficiary Statements: No Good Deed Goes Unlitigated

Ary Rosenbaum - The Rosenbaum Law Firm P.C. on

Could listing designated beneficiaries on a participant statement spark a fiduciary breach lawsuit? In today’s world, the answer is always yes — and in LeBoeuf v. Entergy, it did....more

Haynes Boone

Money (It’s What Everyone Wants)

Haynes Boone on

As an old song covered by the Beatles goes, “the best things in life are free, but you can’t keep em for the birds and bees, now give me money, that’s what I want.”...more

Dickinson Wright

The Top 5 Things to Know if You Are New to 401(k) Benefits Administration

Dickinson Wright on

As an advisor to many 401(k) plan sponsors, I have been asked occasionally what advice I would give to a person who is relatively new to retirement plan administration....more

BCLP

A Mistake a Day: Top 5 401(k) Compliance Mistakes & Best Practices #2

BCLP on

This week, we are discussing the five most common compliance mistakes made by 401(k) plan administrators and fiduciaries, the potential liability associated with such mistakes, and steps you can take to avoid making them...more

Steptoe & Johnson PLLC

Retirement Plans: The Fiduciary Landscape and Best Practices to Avoid Liability for Plan Investments

Steptoe & Johnson PLLC on

The landscape surrounding retirement plans maintained by institutions of higher education has been changing in recent years, although certain critical responsibilities that are imposed on plan sponsors have been in place...more

Epstein Becker & Green

Benefits Litigation Update – Summer 2017

Epstein Becker & Green on

Welcome to the Summer edition of Benefits Litigation Update, brought to you by The ERISA Industry Committee (ERIC) and the law firm Epstein Becker & Green. With a new Administration and executive branch, we are already...more

Stinson - Benefits Notes Blog

A Summary Plan Description Can be a Plan Document

Stinson - Benefits Notes Blog on

In a decision issued a couple of years ago, the United States Supreme Court held that a summary plan description that differed from the plan document could not be enforced as the plan document. The Court said that the summary...more

Laner Muchin, Ltd.

A Recent Stock Drop Case Reminds Plan Sponsors That Clear Plan Language Is The Primary Defense To Benefit Plan Litigation

Laner Muchin, Ltd. on

Recently, a federal district court in Georgia, on remand from an appellate court, dismissed a suit brought by participants of the SunTrust Bank 401(k) savings plan alleging fiduciary breaches based on defendants’ decision to...more

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