Our Blog - Surety Matters

Benefits lawyers are currently experiencing a flood of lawsuits related to 401(k) plans. Plan sponsors need to closely follow ERISA regulations and ensure protection for retirement plans—and themselves. Challenging 401(k) Plan Fees An analysis by…
Read Moreabout 401(k) Class Action Suits on The Rise: Protect Yourself and Your Plan

The Labor Department has launched new guidance on private equity in 401(k) plan designated investment choices and a suggested regulation on social, environmental and governance investing. The proposed rule, titled Financial Factors in Selecting Plan…
Read Moreabout Recent Updates in ERISA Plan Investment Regulation

The Labor Department has revealed its long-awaited fiduciary rule, along with some novel implications for record-keepers, rollover and Pooled Employer Plans advice. Titled “Improving Investment Advice for Workers & Retirees“, the proposal offers a new…
Read Moreabout DOL Releases New Fiduciary Rule

According to a new proposed rule from the Labor Department, ERISA plan fiduciaries are not allowed to invest in ESG vehicles that take on more risk and sacrifice investment returns. The rule, published Tuesday night,…
Read Moreabout DOL Proposal Fortifies Fiduciary Role in ESG Investing

The American Retirement Association, or ARA, offered the Department of Labor a series of recommendations involving potential service arrangements and proposed fee arrangements, as well as what the covered transactions may be under the possible…
Read Moreabout ARA Provides Guidance on PEP & PPP Issues

The Department of Labor has given the green light to private equity investments in professionally handled funds within 401(k)s. In a detailed Information Letter, the head of Division of Fiduciary Interpretations at the Employee Benefit…
Read Moreabout DOL Approves Private Equity in TDFs

With the devastating pandemic currently transpiring, it’s understandable if you have not kept up with the Labor Department’s final say on default electronic disclosure. Launched on May 21st, this rule includes new modifications in response…
Read Moreabout 3 Things You Need to Know About E-Delivery

The Eleventh Circuit just confirmed their outlook on the Employee Retirement Income Security Act of 1974, or ERISA. The new decision in Williamson v. Travelport, LP 953 F. 3d 1278 (11th Cir. 2020), illuminated the latitude…
Read Moreabout Eleventh Circuit Releases Long-Awaited Decision on ERISA Sanctions

In step with the U.S. Department of Treasury and the IRS, the U.S. Department of Labor published deadline leeway and direction for ERISA-related group health and welfare plans regulated by the Employee Retirement Income Security…
Read Moreabout DOL Relaxes Deadlines for ERISA-Governed Group Health Plans