Corporate DC plans
Trover Solutions Inc. hired Standard Insurance Co. as record keeper of its 401(k) plan.
September 04, 2014 | 12:36 pm
While the 15-year trend of Fortune 500 companies moving away from defined benefit plans is continuing, the rate of transition is slowing down and the retirement plan landscape is stabilizing, said a...
September 04, 2014 | 09:00 am
Chances have improved that the Supreme Court could rule on an ERISA fiduciary-breach case involving a dispute over how courts should interpret the law's statute of limitations on fiduciary-breach...
September 01, 2014
Plaintiffs in a defined contribution plan fiduciary breach case, Tussey et al. vs. ABB Inc. et al., have filed an appeal with the U.S. Supreme Court.
August 07, 2014 | 05:19 pm
SolarCity Corp. hired Fidelity Investments as record keeper of its 401(k) plan.
August 07, 2014 | 02:59 pm
A class-action lawsuit brought by employees of Lockheed Martin Corp., Bethesda, Md., has been approved for trial by a U.S. district court judge.
August 05, 2014 | 05:41 pm
Integra Inc. hired Prudential Financial as record keeper of its $65 million 401(k) plan.
July 02, 2014 | 02:12 pm
Lockheed Martin Corp., Bethesda, Md., will freeze its defined benefit pension plan in early 2016 and start shifting active salaried workers to an enhanced defined contribution program, the company...
July 01, 2014 | 03:56 pm
Landauer Inc. hired New York Life Retirement Plan Services as record keeper of its $15.6 million 401(k) plan.
July 01, 2014 | 03:51 pm
Ocean Shore Holding Co., Ocean City, N.J., hired The Newport Group as record keeper of its 401(k) plan.
June 30, 2014 | 01:49 pm
U.S. corporate defined benefit and defined contribution plans had combined assets of $8.064 trillion as of March 31, up 1.1% from three months earlier and an 8.6% increase from a year earlier,...
June 05, 2014 | 03:25 pm
A federal appeals court has rejected requests from a defendant and plaintiffs to rehear Tussey vs. ABB, a fiduciary breach case.
May 22, 2014 | 04:11 pm
Pharmaceutical Product Development LLC, Wilmington, N.C., is adding the Wells Fargo stable value fund as an investment option in its 401(k) plan.
May 14, 2014 | 03:16 pm
Ohio Machinery Co., Broadview Heights, Ohio, hired Transamerica Retirement Solutions as record keeper of its two 401(k) plans.
May 14, 2014 | 11:37 am
Exelon Corp.'s proposed acquisition of Pepco Holdings Inc. could bring together a total of $32.4 billion in employee benefit and other investment management assets.