Remove tag recordkeeping
article thumbnail

ERISA Fee Complaint Dismissed in Pennsylvania District Court, Extending Favorable Trend

Proskauer's Employee Benefits & Executive Compensa

15, 2022), a Pennsylvania district court dismissed an ERISA excessive fee complaint for failing to provide enough information about alleged comparator plans that allegedly paid less for recordkeeping services. Notably, this is the second district court ruling in the Third Circuit in 2022 dismissing recordkeeping claims despite Sweda.

401(k) 110
article thumbnail

Wisconsin District Court Rulings Signal Potential New Trend Favoring the Defense of ERISA Fee and Investment Performance Lawsuits

Proskauer's Employee Benefits & Executive Compensa

In a striking reversal of approach beginning in the summer of 2022, the District Court for the Eastern District of Wisconsin went from denying, in whole or in part, virtually every motion to dismiss ERISA lawsuits targeting plan recordkeeping fees and investment fund selections to granting all of them. Oshkosh Corp., 4th 570 (7th Cir.

401(k) 88
article thumbnail

Paycor vs. ADP Workforce Now: Which is right for your needs?

Business Management Daily

It’s also an HCM, meaning that it blends payroll with other human resources features, such as onboarding new hires, administering employee benefits , employee recordkeeping, and talent management. Besides organizing employee data, security is also essential for HR recordkeeping, and ADP doesn’t disappoint in this area.

Payroll 52