Onset of 401(k) Lawsuits Should Prompt Rigorous Plan Evaluations

Overview


Anne Becker, Todd Solomon and Sarah Raaii wrote this bylined article on the increase in plaintiff lawsuits against benefit plan sponsors and fiduciaries over stable value funds. In this light the authors urged plans to evaluate their decision to invest in such funds, carefully select fund experts and monitor fund performance closely. If plans want to add stable value funds, the authors added, they should look for adequate returns and reasonable cost.

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