401(k)

It’s Great You Have a 401(k) – But Who’s Minding the Store?

Posted August 6th, 2018 by .

Categories: 401(k).

In recent years, employees have been filing an increasing number of meritorious lawsuits against employers for 401(k) mismanagement.  These claims are in the tens of millions of dollars and range from disloyalty to imprudence to disregarding conflicts of interest.  Some of the more egregious claims come when employers populate 401(k) plans with their own expensive […]

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401(K) Mismanagement: How to Recognize the Signs

Posted April 19th, 2017 by .

Categories: 401(k).

Each year, millions of hard-working employees invest billions of dollars in their employer’s 401(k) plans because they trust their employer to provide a best of class plan. Often, however, the employer’s endeavors are tainted by a failure of effort, competence and/or loyalty.  Employees’ hard-earned retirement savings are exposed unnecessarily to wasted fees and poor investment […]

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Ways to Spot 401(k) Mismanagement

Posted February 8th, 2016 by .

Categories: 401(k).

A 401(k) plan is essential for any American employee who wants to save for his/her retirement. However, chances are you just take a quick look at your balance every month to make sure things are moving forward. But without looking at your statement thoroughly, how would you know if your retirement plan is being misused […]

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Do you suspect your employer of 401(k) mismanagement? Read this.

Posted October 21st, 2015 by .

Categories: 401(k).

Recently, there has been an increase in cases where a current or former employee sues their employer for mismanaging the company’s 401(k) plans. The allegations have ranged from excessive fees to improper revenue sharing to poor performing or untested investment options. Many of these cases involve an employer who doubles as the investment manager for […]

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