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Feature:

More 401(k) Fee Cases Are in the Works

  

Feature Contents
Top of Feature

1. A 401(k) Fee Litigation Scorecard



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A 401(k) Fee Litigation Scorecard


Here is where cases involving alleged unreasonable fees and other ERISA violations stood as of November 2007.


Plan sponsor/manager U.S. District Court Status
ABB Western Missouri Awaiting trial second quarter 2008
Bechtel Northern California Denied motion to dismiss May 2007
Boeing Southern Illinois Awaiting trial second quarter 2008
Caterpillar Western Missouri Awaiting trial
Deere Western Wisconsin Dismissed June 2007
Exelon Northern Illinois Delayed June 2007
Fidelity Investments Western Wisconsin Dismissed June 2007
General Dynamics Southern Illinois Awaiting trial
August 2008
General Motors Southern New York Awaiting trial
(no date set)
Kraft Foods Global Southern Illinois Denied motion to dismiss May 2007
International Paper Southern Illinois Awaiting trial second quarter 2008
Lockheed Martin Southern Illinois Awaiting trial September 2008
Northrop Grumman Central California Dismissed one claim May 2007
RadioShack Northern Texas Awaiting trial
(no date set)
United Technologies Connecticut Dismissed one claim August 2007

--Originally published in Pensions & Investments, a sister publication of Workforce Management. To comment, e-mail editors@workforce.com.


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