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At the 36th Annual ISCEBS Symposium, Todd Solomon presented best practices for plan fiduciaries to avoid 401(k) plan and 403(b) plan class action lawsuits.
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At the 36th Annual ISCEBS Symposium, Todd Solomon presented best
practices for plan fiduciaries to avoid 401(k) plan and 403(b) plan
class action lawsuits. Todd discussed fiduciary responsibilities
under ERISA as well as potential consequences of breaching
fiduciary responsibilities. He highlighted notable cases brought
against plan fiduciaries, including those that allege excess plan
fees. Todd discussed the need for rigorous monitoring and
documentation of the review process.
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401(k) Lawsuits on the Rise: Best Practices for Plan Fiduciaries
United StatesEmployment and HR
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McDermott Will & Emery partners with leaders around the world to fuel missions, knock down barriers and shape markets. With more than 1,100 lawyers across several office locations worldwide, our team works seamlessly across practices, industries and geographies to deliver highly effective solutions that propel success.
