The Supreme Courts decision in Tibble v. Edison International, while not necessarily game-changing for 401(k) plan sponsors, does put the burden of obligation on plan fiduciaries to continually monitor investments in their employer-sponsored retirement plans.
The court did not expound on what this duty to monitor entails, however, which is a bone of contention for ERISA attorneys across the country. It remanded the case back to the lower courts to decide.
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