Robert Steyer Reporter (defined contribution) [email protected] 212-210-0180 See All Staff Page Recent Stories Supreme Court asked to weigh in on arbitration, again For the third time in less than five years, the Supreme Court is being asked to decide when an ERISA complaint can be settled via arbitration. Lifelong interest in film spurs book by P&I's Rob Kozlowski When he wasn’t tracking pension risk transfers, P&I senior reporter Rob Kozlowski wrote his latest book on two legendary Hollywood stars. Employers increasing company-stock DC offerings as taxable benefit – Fidelity As company stock plays a declining role in 401(k) plans, employers are increasing their offerings of company stock as a taxable benefit for employees. Judge tosses 401(k) suit against Old Dominion Freight Line A federal judge dismissed an ERISA lawsuit filed by a participant in a 401(k) plan offered by Old Dominion Freight Line Inc. Appeals court upholds dismissal of 401(k) lawsuit against Barrick Gold An appeals court turned back a request by 401(k) plan participants to overturn a lower court's dismissal of their ERISA lawsuit against Barrick Gold. Maine's auto-IRA gears up for launch after delay Maine's auto-IRA program for small employers that lack their own retirement savings plan will take effect in October through a pilot program after a delay. Norwegian Cruise Line to pay $615,000 to deep-six 401(k) lawsuit NCL Corp. Ltd., the parent of Norwegian Cruise Line, will pay $615,000 to settle a lawsuit over 401(k) fees for record keeping and investment offerings. New York State Common commits $1.6 billion to alternatives Federated Hermes sued over 401(k) plan having only proprietary investments A Federated Hermes 401(k) plan participant sued the company, saying the plan's offering of only proprietary investments violated ERISA. Grifols to pay $1.45 million to settle 401(k) lawsuit Grifols Shared Services North America will pay $1.45 million to settle a lawsuit accusing the company's 401(k) plan of excessive record-keeping fees. ETF, mutual fund fees continue to dip as investors seek lower expenses – Morningstar Fees for mutual funds and exchange-traded funds continue to fall as more money flowed out of the most expensive funds into the cheapest, Morningstar said. New York State Deferred Comp preps fixed-income searches IRS delays Roth requirement for some catch-up contributions The IRS announced a two-year moratorium on a provision that catch-up contributions must be Roth contributions if DC participants earn $145,000 or more a year. Judge denies Tenneco's bid to compel arbitration in 401(k) lawsuit A federal judge rejected a request by Tenneco Inc. to compel arbitration in an ERISA complaint, thus keeping the lawsuit in the U.S. District Court. Biogen settles 401(k) lawsuit for $9.75 million Biogen Inc. will pay $9.75 million to settle a lawsuit by 401(k) plan participants who alleged a series of ERISA violations. Load More