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Ricoh USA Inc. mismanaged its $2 billion retirement plan by offering a poorly performing stable value fund that lagged ...
Generac Power Systems Inc. is free from a proposed class action challenging its 401(k) plan fee levels, after a Wisconsin federal judge said the case wasn’t based on “apples to apples” comparisons.
Commenting that “eight years of underperformance in comparison to peer benchmarks is difficult, if not impossible, to justify,” a new suit argues a custom target-date fund build cost participants more ...
The Minnesota-based Post-it notes conglomerate was sued by employees, alleging eight years of underperformance of TDFs in comparison to peer benchmarks “is impossible to justify” for 58,000 employees.
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