The focus of the lawsuit is forfeited funds, which total the amount of employer match contributions participants lose if they ...

UnitedHealth Group Inc. was sued by a participant in its 401(k) plan who says the health-care giant mismanages the plan by ...

Parker-Hannifin Corp. employees challenging their 401(k) investment options urged the US Supreme Court not to review the ...

Following the sudden departure of its CEO, the health insurer is now facing an employee lawsuit, alleging UnitedHealth ...

The plaintiffs include four current and former employees who intend to represent more than 250,000 plan participants.

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

While lawsuits continue to be filed against companies alleging their management of forfeited funds in 401(k) plans violates their duties under the Employee Retirement Income Security Act, another ...

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 ...

Workers aged 60-63 will have the ability to contribute up to $34,750 in 401(k) catch-up amounts starting in 2025 for their retirement plans. Through the Secure 2.0 legislation workers can now enhance ...