Robert Steyer Reporter (defined contribution) [email protected] 212-210-0180 See All Staff Page Recent Stories New York State Common adds $250 million to private equity Appeals court upholds dismissal of Phillips 66 401(k) stock case A federal appeals court upheld a decision dismissing allegations of violations of ERISA duties involving the Phillips 66 Co. 401(k) plan. Emory University agrees to pay $17 million to settle ERISA claims Emory University agreed to pay $16.75 million to settle an ERISA complaint against two retirement plans by participants. IRS raises HSA contribution limits for 2021 The Internal Revenue Service has raised contribution limits to health savings accounts for 2021. Overall assets jump nearly 22% for top 25 firms DC money managers enjoyed the tailwind of surging markets in 2019, but future gains will depend more on innovation and execution. Schneider Electric sued over 401(k) ERISA violations Schneider Electric sued by participants claiming 401(k) plan fiduciaries violated ERISA. McKinsey & Co. agrees to settle ERISA lawsuit McKinsey & Co. has agreed to settle a complaint by a participant in two retirement plans who argued fiduciaries violated their ERISA duties. Land O’ Lakes sued over 401(k) plan costs Former employees of Land O' Lakes Inc. have sued the company alleging that fiduciaries of its 401(k) plan violated their ERISA duties. Appeals court revives ERISA suit against Washington University A federal appeals court revived a lawsuit against Washington University charging ERISA violations of the school's 403(b) plan. New Jersey allocates up to $225 million to private equity New Jersey fund posts 10-month return of -2.5% New Jersey Pension Fund posted a net return of -2.47% for the 10 months ended April 30, a result of the coronavirus impact on the economy. New Jersey to make quarterly pension fund payment on time New Jersey will make its quarterly contribution of $684 million to the state pension on time and in full, effective June 30. J.P. Morgan Chase agrees to $9 million settlement in 401(k) suit J.P. Morgan Chase agreed to pay $9 million to settle allegations that company 401(k) plan fiduciaries violated their ERISA duties. ManTech International sued for 401(k) plan breaches Participants in a 401(k) plan offered by ManTech International sued the company and plan executives for violating their fiduciary duties. Shareholders reject climate resolution at J.P. Morgan Chase Shareholders of J.P. Morgan Chase narrowly defeated a resolution for greater disclosure on how lending activities affect climate change. Load More
