If you sponsor a 401(k) plan, forfeitures are one of those topics that can quietly create significant legal exposure if they are not handled correctly. They arise routinely — whenever an employee leaves before becoming fully vested — but the rules around what you can do with them, and when, are more prescribed than
Rising Scrutiny on Health and Welfare Plan Fiduciaries: Key Legal Cases, Fiduciary Prudence, Conflicts of Interest, & Prohibited Transactions Recently, scrutiny has increased on health and welfare plan fiduciaries regarding their adherence to the Employee Retirement Income Security Act (ERISA). Three notable lawsuits—against Johnson & Johnson, Charlotte-Mecklenburg Hospital Authority, and Wells Fargo—highlight different