What Colleges and Universities Need to Know About 403(b) and 401(k) Plan Fee Litigation and Fiduciary Liability
In early August, lawsuits were filed against four prominent universities. The complaints allege that the universities, as the plan sponsors, failed to monitor excessive fees paid to administer the plans and did not replace more expensive, poor-performing investments with cheaper ones. Had the plans eliminated their long lists of investment options and used their bargaining power to cut costs, the complaints argue, participants could have collectively saved tens of millions of dollars.
Join Fisher Phillips attorneys Sandy Feingerts, Scott Schneider and Melissa Shimizu as they discuss these lawsuits as well as comparable litigation involving 401(k) plans. This webinar will also provide suggestions on practical steps plans can take to manage risk in this area.
September 28, 2016
1:00 pm - 2:30 pm Eastern
What Colleges and Universities Need to Know About 403(b) Plan Fee Litigation and Fiduciary Liability
Cost: Free of charge
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**This webinar is HRCI and SHRM approved.