excessive fees

Anson Blog

May 5, 2017

Litigating Fees and Prudence- How do they relate?

Much of the current litigation against 401(k) providers addresses the improper allocation of fees under the Employee Retirement Income Security Act (ERISA) section 406. But is it possible that the actual argument falls under ERISA section 404, the prudence standard? How is litigating fees and litigating prudence connected? […]