Excessive Fee Lawsuits Keep on Coming
Last Updated: February 11, 2016
As the number of excessive fee lawsuits continues to increase, and the record keeping industry continues to consolidate, it is important that plan sponsors continually monitor all of their service providers. For more information on record keeper industry consolidation and what it means for plan sponsors, see our recent article. If you are concerned about the increasing threat of litigation related to your retirement plan, contact our ERISA Services Team to discuss implementing a prudent process for running your retirement plan.
“It is important that plan sponsors continually monitor all of their service providers.”