401(k) suits draw employee attention to fees, fiduciary duty

Published 5 Min Read

Excessive fee lawsuits. Breach of fiduciary duty claims. Stock drop cases. Numerous lawsuits have been filed against employer-sponsored retirement plans in the past few years because plan participants are getting more savvy about things like fees and fiduciary duty, thanks in part to the Department of Labor’s recent focus on both issues.

And even when cases aren’t decided in favor of the plaintiffs, they still shed light on subjects many employers and plan participants never paid attention to before.

Paula Gladych
Freelance writer

Paula Aven Gladych is a contributing writer based in Denver.


For reprint and licensing requests for this article, click here.


More From Employee Benefit News

Sign Up Form

Login Modal Form