ERISA Settlement Mandates Fees and Independent Fiduciary Oversight
By EsqSocial Corporation 22/06/21
In a recent ERISA class action settlement, a 401(k) Plan sponsor with close to $2 billion in assets was forced to pay millions of dollars in damages and appoint an independent third-party fiduciary to oversee aspects of their plan. For all plan sponsors, this introduces the real possibility they could be forced to engage independent oversight for their retirement plan....
By: Harrison Fiduciary Group, LLC