Corporate DC plans

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

Landauer moves to New York Life Retirement for record keeping

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 switches to Newport Group for 401(k) plan

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 DB, DC assets pass $8 trillion mark

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

8th Circuit rejects appeals requests in Tussey vs. ABB fiduciary breach case

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 adds stable value fund

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 goes with Transamerica for 2 DC plans

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-Pepco union could create $32 billion investment treasure chest

Exelon-Pepco union could create $32 billion investment treasure chest

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