ERISA Litigation: Excessive Fees Class Actions Video

Summary

This video provides an overview of the issues presented by the recent wave of litigation by 401(k) and 403(b) plan participants with a focus on class actions and issues presented. These cases filed by participants in ERISA retirement plans permitting participant-directed investment typically allege that investment fees, administrative fees, or both are too high. Typically, they also are paired with allegations that at least some of the investments offered in the plan are underperforming.