Corporate DC plans

Ford dropping PIMCO Total Return Fund from 401(k) plan

Ford dropping PIMCO Total Return Fund from 401(k) plan

Ford Motor Co. will drop the PIMCO Total Return Fund as an option in its $12.8 billion U.S. 401(k) plan on Nov. 14.

October 21, 2014 | 03:55 pm
Supreme Court agrees to hear case on fiduciary breach time limits

Supreme Court agrees to hear case on fiduciary breach time limits

The Supreme Court agreed Thursday to decide whether 401(k) plan fiduciaries can be sued for more expensive investment choices made years earlier.

October 02, 2014 | 03:33 pm

HSBC outsources its DC plan assets to Fidelity

HSBC, London, outsourced its £1.8 billion ($2.9 billion) in defined contribution assets to Fidelity Worldwide Investment, said Phillip Bretnall, chief operating officer at HSBC ...

September 29, 2014 | 02:58 pm

Sonepar USA names new retirement program manager

Annette Grabow was hired as retirement program manager for Sonepar USA, a subsidiary of France's Sonepar Group, a distributor of electrical products.

September 18, 2014 | 04:09 pm

Heidrick & Struggles taps manager of global benefits

Ira Finn was named manager of global benefits for Heidrick & Struggles International Inc., an executive search firm.

September 18, 2014 | 03:58 pm

Dassault Systemes makes changes to DC plan lineup

Dassault Systemes Americas Corp. added three investment options to its 401(k) plan.

September 05, 2014 | 02:35 pm

Nestle USA switches brokerage window provider

Nestle USA Inc. added a self-directed brokerage window provided by TD Ameritrade to its 401(k) savings plan lineup.

September 04, 2014 | 12:41 pm

Trover Solutions chooses new 401(k) record keeper

Trover Solutions Inc. hired Standard Insurance Co. as record keeper of its 401(k) plan.

September 04, 2014 | 12:36 pm
Towers Watson: Retirement plan landscape stabilizing for Fortune 500 companies

Towers Watson: Retirement plan landscape stabilizing for Fortune 500 companies

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
High court seen likely to take ERISA fidicuary-breach case

High court seen likely to take ERISA fidicuary-breach case

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

Supreme Court appeal filed in DC plan fiduciary breach case

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 signs Fidelity as record keeper

SolarCity Corp. hired Fidelity Investments as record keeper of its 401(k) plan.

August 07, 2014 | 02:59 pm
Lockheed Martin 401(k) class-action lawsuit approved for trial

Lockheed Martin 401(k) class-action lawsuit approved for trial

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 chooses Prudential as record keeper

Integra Inc. hired Prudential Financial as record keeper of its $65 million 401(k) plan.

July 02, 2014 | 02:12 pm
Lockheed Martin to freeze pension plan in 2016

Lockheed Martin to freeze pension plan in 2016

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