Employer's Duty to Monitor Fees of Retirement Plans
5/22/15
By: Joyce M. Mocek Last week the U.S. Supreme Court, in Tribble v. Edison International, No. 13-550 (S.C. May 18, 2015) held that employers have a continuing duty to keep watch and monitor Employment Retirement Income Securities Act (ERISA) 401K plans to guard against high management fees in the plans. The Court in its…