The Cigna Group is the latest company accused of mismanaging the forfeited funds in its 401(k) plan, and software company ...

A suit alleging a fiduciary breach, based on a stable value option, has added claims about the misuse of plan forfeitures.

The health insurer is accused of using forfeited funds from departing employees to reduce employer contributions to the ...

MoMo Productions / Getty Images When it comes to retirement savings, deciding whether to max out your 401(k) or IRA first can feel like a good problem to have—but it’s one that requires ...

TRACK DOCKET: No. 1:25-cv-00767 (Bloomberg Law subscription) Northrop Grumman Corp. is facing new litigation over its 401(k) plan from the St. Louis-based law firm that negotiated a pair of ...

With over 7,200 participants and nearly $150 million in assets, UWM’s 401(k) plan ranks in the top 1% nationally The nation’s largest wholesale lender United Wholesale Mortgage (UWM) is the target of ...

United Wholesale Mortgage (UWM) is facing a class-action lawsuit alleging misuse and misallocation of assets within its 401(k) retirement plan. The company has called the suit a “baseless claim.” ...

Workplace retirement plans are facing a growing wave of class action lawsuits ... issues underlying the law or the statutes and bring novel causes of action,'" Maatman said. One such novel theory ...

One such novel theory concerns the way that employers use forfeited 401(k) funds in their plans. Over the past year, numerous ERISA class action lawsuits have taken aim at how 401(k) plan sponsors ...