Although retirement plan excessive fee cases remain an ongoing concern for plan sponsors, the recent jury trial victory for Yale in Vellali, et. al. v. Yale University, et. al. provides hope for plans with strong, prudent...more
8/16/2023
/ Benefit Plan Sponsors ,
Breach of Duty ,
Compliance ,
Documentation ,
Employee Retirement Income Security Act (ERISA) ,
Excessive Fees ,
Fiduciary Duty ,
Governance Standards ,
Investment ,
Jury Trial ,
Policies and Procedures ,
Retirement Plan
Excessive fee litigation is no longer confined to defined contribution plans. In recent months, plan sponsors of self-funded health plans have filed three cases against Aetna, Elevance, Inc. (formerly known as Anthem, Inc.),...more