Corporate DC plans
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.
April 30, 2014 | 03:42 pm
Alcatel-Lucent, Murray Hill, N.J., added an international equity index fund managed by BlackRock as an investment option in its 401(k) plan.
April 24, 2014 | 01:58 pm
Plaintiffs and a defendant have filed dueling requests to appeal a recent court ruling in the complex ERISA fiduciary-breach case Tussey vs. ABB.
April 17, 2014 | 03:30 pm
A federal district court judge has dismissed a stock-drop lawsuit against State Street Bank & Trust Co. in its role as an independent fiduciary for two 401(k) plans sponsored by General Motors Co.
April 16, 2014 | 03:45 pm
ABB Inc. hired Bank of America Merrill Lynch as the record keeper for two 401(k) plans.
April 14, 2014 | 03:00 pm
International Business Machines Corp., Armonk, N.Y., breached its duties to U.K. pension fund participants in the way it implemented a restructuring of its arrangements, the High Court of Justice,...
April 08, 2014 | 12:49 pm
CarMax Inc. is adding the MFS International Equity Fund and PIMCO Total Return Fund as investment options in its 401(k) plan.
March 25, 2014 | 02:31 pm
Triple Canopy Inc., Reston, Va., hired Transamerica Retirement Solutions for record-keeping services for the company's defined benefit plan and three 401(k) plans.
March 20, 2014 | 11:03 am
A federal appeals court on Wednesday issued a split decision in a prominent 401(k) case involving claims by participants that a sponsor, ABB Ltd., Cary, N.C., and its record keeper,...
March 19, 2014 | 04:37 pm
Target-date funds continue their steady growth, moving closer to becoming the top investment asset allocation within defined contribution plans, according to the latest quarterly analysis by Callan...