View from McDermott: The Quandary of Publicly-Traded Employer Stock in a 401(k) Plan

Overview


Erin Turley and Emily Rickard wrote this bylined article on issues involved when employer stock is offered as a company 401(k) plan investment. Due to high-profile employee lawsuits under ERISA, the authors wrote that “the propriety of including employer stock in a plan’s investment menu ultimately can depend on the unique character of that plan’s population, as well as the diligence and documentation of that plan’s decision-makers.”