Benefits Pro | How the Supreme Court Ruling on Northwestern’s 403(b) Plan Could Affect 401(k) Fiduciaries

This article explores the Tenth Circuit’s ERISA oral arguments in Matney v. Barrick Gold, the first case in the circuit concerning pleading standards for certain excessive-fee claims since the U.S. Supreme Court’s Hughes v. Northwestern decision.

Emily Costin comments on the ERISA implications of the U.S. Supreme Court decision in Hughes vs. Northwestern University, noting why plan fiduciaries may offer fewer investment choices as a result.

Emily Costin comments on the U.S. Supreme Court’s ruling in the Employee Retirement Income Security Act (ERISA) lawsuit Hughes v. Northwestern University and how the opinion may inspire plan fiduciaries to offer fewer investment options.

Oral argument before the U.S. Supreme Court in Hughes v. Northwestern University will have broader implications for both 401(k) and 403(b) plans. It isn’t always easy to read the tea leaves, but our ERISA Litigation Group offers key takeaways from the day and what may come from the Court’s opinion.

Emily Costin comments on excessive fee lawsuits against retirement plan sponsors under the Employee Retirement Income Security Act in light of a pending decision by the U.S. Supreme Court in Hughes vs. Northwestern University.