Michael Prame

Michael Prame

Groom Law Group, Chartered

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Defendants Secure Another Win on Discretionary Use of 401(k) Plan Forfeitures

On September 19, 2024, the Southern District of California dismissed claims brought by a 401(k) plan participant against Thermo Fisher Scientific Inc. regarding the use of forfeitures to offset future employer contributions. ...more

9/26/2024  /  401k , Benefit Plan Sponsors , Employee Benefits , Employee Retirement Income Security Act (ERISA) , Employer Contributions , Forfeiture , Retirement Plan
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