Foundation Publication Search Results

These summaries were compiled from Foundation Publications Search, a database of articles, research reports and books published by the International Foundation and the International Society of Certified Employee Benefit Specialists.


Target-Date Funds: Key Considerations and a Process for Fiduciaries.
Fandetti, Marc A.; Benefits Magazine; v55 no5 pp 22-27 May 2018; journal article

Availability :
Abstract : Target-date funds (TDFs) are a popular investment option in 401(k) plans, but some offerings may not be appropriate for fund participants. The author contends that plan sponsors should more closely evaluate their TDFs, using equity exposure, management style and fees as major parameters.
[0200966]

Link To Full Article
Court Finds Insurance Company Is Not a Plan Fiduciary.
Benefits Magazine; v55 no3 pp 69-70 Mar 2018; journal article

Availability :
Abstract : The U.S. District Court for the District of Nebraska grants the motion by the defendant life insurance company to dismiss a complaint by the plaintiff 401(k) plan participant after finding that the defendant is not a fiduciary with respect to the alleged breach of fiduciary duty.
[0200908]

Link To Full Article
Other Recent Decisions.
Benefits Magazine; v55 no3 pp 73-77 Mar 2018; journal article

Availability :
Abstract : Summarizes cases on benefit litigation, fiduciary duties, benefit denial and severance.
[0200911]

Link To Full Article
Prudence Claims Advance in University Retirement Plan Dispute.
Benefits Magazine; v55 no3 pp 65, 67 Mar 2018; journal article

Availability :
Abstract : The U.S. District Court for the District of Massachusetts, with two exceptions, accepts and adopts a magistrate judge's report and recommendation regarding allegations by plaintiff 401(k) plan participants that the defendant university and plan sponsor was involved in an improper relationship with the plan recordkeeper and primary investment provider.
[0200906]

Link To Full Article
Complaint Alleging Excessive Recordkeeping Fees Survives Dismissal.
Benefits Magazine; v55 no2 pp 53, 55 Feb 2018; journal article

Availability :
Abstract : The U.S. District Court for the District of Minnesota denies the motion by the defendant medical facility corporation to dismiss claims of breach of fiduciary duty concerning recordkeeping fees. The claims were brought by plaintiff retirement plan participants.
[0200879]

Link To Full Article
Stock Challenge Dismissed Even After Bank Scandal.
Benefits Magazine; v55 no2 pp 63, 65 Feb 2018; journal article

Availability :
Abstract : The U.S. District Court for the District of Minnesota grants the motion by the defendant bank to dismiss complaints by plaintiff retirement plan participants concerning fiduciary breaches related to the recent announcement of unethical sales practices and the resulting drop in stock prices.
[0200884]

Link To Full Article
The Universe of the University Cases: A New Approach to ERISA Enforcement.
Solomon, Todd; Rickard, Emily; Nemeth, J. Christian; Benefits Magazine; v55 no2 pp 44-49 Feb 2018; journal article

Availability :
Abstract : Class action lawsuits alleging fiduciary breaches have been filed against 16 private universities with regard to their Section 403(b) plans. The authors explain the implications of these lawsuits for defined contribution plan sponsors.
[0200876]

Link To Full Article
Best Practices for TDFs and Managed Accounts.
Verdeyen, Holly K.; Scherer, Andrew; Benefits Quarterly; v34 no1 pp 28-31 1st Qtr 2018; journal article

Availability :
Abstract : Defined contribution (DC) plans are the primary retirement planning vehicle for U.S. workers, and target-date funds (TDFs) are currently popular for many DC participants. However, no two TDFs are the same and, as a result, returns have varied widely. For plan sponsors to help participants pursue their retirement income goals and help reduce the risk of litigation, they need to understand the methodology behind TDFs, the right questions to ask of providers and the framework the Department of Labor (DOL) has provided for selecting and monitoring TDFs. Managed accounts also are emerging as a qualified default investment alternative (QDIA) that offers participants a more customized asset allocation than is available in a TDF. Managed accounts are aimed at improving the likelihood that participants will reach their retirement income goals, but they come with their own important considerations for plan sponsors. This article is designed to help plan sponsors that want to understand the best practices for evaluating and managing TDFs and managed accounts in order to offer the most beneficial DC plan possible to their employees.
[0200915]

Link To Full Article
Court Grants Class Certification in 401(k) Challenge.
Benefits Magazine; v55 no1 pp 46, 48 Jan 2018; journal article

Availability :
Abstract : The U.S. District Court for the Southern District of New York grants the motion by the plaintiff current and former 401(k) plan participants for class certification in a putative class action alleging that the defendant employer and plan fiduciaries violated the Employee Retirement Income Security Act of 1974 (ERISA).
[0200833]

Link To Full Article
Participants Win Class Certification in 401(k) Plan Challenge.
Benefits Magazine; v55 no1 pp 47-48 Jan 2018; journal article

Availability :
Abstract : The U.S. District Court for the Middle District Court of North Carolina grants the plaintiff 401(k) plan participants' motion for class certification as they advance claims that the defendant plan fiduciary breached its duties under the Employee Retirement Income Security Act of 1974 (ERISA).
[0200834]

Link To Full Article
Recordkeeping, Active Management Claims Move Forward.
Benefits Magazine; v55 no1 pp 54, 56 Jan 2018; journal article

Availability :
Abstract : The U.S. District Court for the Southern District of New York dismisses the plaintiff retirees’ Employee Retirement Income Security Act of 1974 (ERISA) claims against the defendant university retirement plans regarding large investment lineups and retail share classes but advances claims regarding multiple recordkeepers and actively managed funds.
[0200838]

Link To Full Article
Select Claims by University 401(k) Plan Participants Move Forward.
Benefits Magazine; v55 no1 pp 49-50 Jan 2018; journal article

Availability :
Abstract : The U.S. District Court for the District of Massachusetts allows in part and denies in part the motion by the defendant university to dismiss claims by plaintiff 401(k) plan participants alleging a breach of fiduciary duties and prohibited transactions under the Employee Retirement Income Security Act of 1974 (ERISA).
[0200835]

Link To Full Article
401(k) Participant Not an Adequate Representative of Absent Plan Participants.
Benefits Magazine; v54 n12 pp54, 55 Dec 2017; journal article

Availability :
Abstract : The U.S. District Court for the Eastern District of Pennsylvania grants the motions for judgment on the pleadings by the defendant former employers and retirement plan against the plaintiff former construction worker.
[0200800]

Link To Full Article
Employees Fail to Allege Sufficient Facts in Stock Loss Lawsuit.
Benefits Magazine; v54 n12 pp 59, 61 Dec 2017; journal article

Availability :
Abstract : The U.S. District Court for the Western District of Oklahoma grants the motion by the defendant natural gas company to dismiss consolidated class action claims by plaintiff 401(k) plan participants concerning stock losses after the plaintiffs failed to meet special circumstances required by a recent U.S. Supreme Court decision.
[0200803]

Link To Full Article
Fiduciaries Liable for Breaching Duties on 401(k) Investments.
Benefits Magazine; v54 n12 pp 48, 50 Dec 2017; journal article

Availability :
Abstract : The U.S. District Court for the Central District of California finds the defendant public utility holding company is liable for breaching its fiduciary duty to monitor plan investments under the Employee Retirement Income Security Act of 1974 (ERISA) by not replacing retail-class mutual fund shares with lower cost institutional-class shares.
[0200796]

Link To Full Article
Other Recent Decisions.
Benefits Magazine; v54 n12 pp 65-68 Dec 2017; journal article

Availability :
Abstract : Summarizes cases on benefit reduction, benefit denial, fiduciary duties, retirement benefits and benefit denial.
[0200807]

Link To Full Article
Proposed Alternative Actions Fail in 401(k) Stock Challenge.
Benefits Magazine; v54 n12 pp56, 58 Dec 2017; journal article

Availability :
Abstract : The U.S. District Court for the Western District of Texas grants the motion by the defendant board of directors for a supermarket chain to dismiss an amended complaint by the plaintiff 401(k) plan participant concerning a breach of fiduciary duties under Section 502 of the Employee Retirement Income Security Act of 1974 (ERISA).
[0200801]

Link To Full Article
Retail Corporation Defeats Lawsuits Concerning Stock Losses.
Benefits Magazine; v54 n12 pp 57-58 Dec 2017; journal article

Availability :
Abstract : The U.S. District Court for the District of Minnesota grants motions by the defendant retail corporation to dismiss plaintiff shareholders' complaints brought under the Securities Exchange Act of 1934 and the Employee Retirement Income Security Act of 1974 (ERISA).
[0200802]

Link To Full Article
Millennials and Money: Five Steps for Helping Younger Employees.
Harrison, Brenton; Benefits Magazine; v54 no11 pp 40-45 Nov 2017; journal article

Availability :
Abstract : With record levels of student debt and a tendency to switch jobs more frequently, Millennials face a set of financial challenges that may differ from other age groups. The author offers tips for employers to help Millennial workers address these obstacles.
[0200753]

Link To Full Article
401(k) Participants Win Class Certification Challenging In-House Funds.
Benefits Magazine; v54 no10 pp 62, 65 Oct 2017; journal article

Availability : International Foundation of Employee Benefit Plans
Abstract : The U.S. District Court for the Central District of California grants the plaintiff employees' motion for class certification in their lawsuit against the defendant life insurance company employer regarding the high-fee, in-house mutual funds of their 401(k) plan.
[0200739]

Link To Full Article
Class Action 401(k) Challenge Fails to Show Loss.
Benefits Magazine; v54 no10 pp 59-60 Oct 2017; journal article

Availability : International Foundation of Employee Benefit Plans
Abstract : The U.S. District Court for the District of Massachusetts rules in favor of the defendant asset management company in a case brought by plaintiff former employees alleging breach of fiduciary duties under the Employee Retirement Income Security Act of 1974 (ERISA).
[0200737]

Link To Full Article
Lack of Meaningful Benchmark Defeats 401(k) Plan Lawsuit.
Benefits Magazine; v54 no10 p 67 Oct 2017; journal article

Availability : International Foundation of Employee Benefit Plans
Abstract : The U.S. District Court for the District of Minnesota grants the motion by the defendant employer to dismiss a lawsuit brought by the plaintiff employee alleging a breach of fiduciary duty regarding a 401(k) plan with poorly performing and expensive funds affiliated with the employer after the plaintiff failed to provide a meaningful benchmark.
[0200743]

Link To Full Article
401(k) Participants Lose Case Over Declining Stock.
Benefits Magazine; v54 no9 pp 59, 60 Sep 2017; journal article

Availability : International Foundation of Employee Benefit Plans
Abstract : The U.S. District Court for the Central District of California grants the motion by the defendant entertainment company to dismiss the plaintiff plan members' second amended complaint challenging losses by the company 401(k) plan.
[0200700]

Link To Full Article
What's Working: Winning By Losing...Debt.
Bergstrom, Kathy; Benefits Magazine; v54 no9 pp 10-12 Sep 2017; journal article

Availability : International Foundation of Employee Benefit Plans
Abstract : In their work helping customers apply for and qualify for home loans, employees at Movement Mortgage get a front-row view of the impact poor financial decisions can have on people's lives.
[0200688]

Link To Full Article
Claims Time-Barred Due to Actual Knowledge.
Benefits Magazine; v54 no8 p 58 Aug 2017; journal article

Availability : International Foundation of Employee Benefit Plans
Abstract : The U.S. District Court for the Northern District of California determines that the plaintiff former employees' claims against the defendant computer company for imprudent investments and inadequate disclosures were time-barred under the statute-of-limitations provisions for fiduciary matters under the Employee Retirement Income Security Act of 1974 (ERISA).
[0200665]

Link To Full Article