Topic
401(k)
519 published works
Compensation & Benefits Blog
Fifth Circuit Upholds Dismissal of Diversification and Prudence Claims Targeting A Single Stock Fund in a 401(k) Plan
By Benjamin Flaxenburg, Russell Hirschhorn, Seth Safra
The Fifth Circuit in Schweitzer v. Inv. Comm. of Phillips 66 Sav. Plan dismissed claims against 401(k) plan fiduciaries related to allowing plan participants to hold a single stock that…
Beneficially Yours
Ending Social Distancing for Small Employer 401(k) Plans – DOL Asks for Suggestions on MEP and PEP Guidance
Seyfarth Synopsis: A key component of the SECURE Act, passed at the end of 2019, was the expansion of opportunities to combine the 401(k) plan assets of multiple unrelated employers.…
Benefits & Compensation Blog
DOL Issues Guidance about Private Equity Investments in 401(k) Plans
The Department of Labor’s recent pronouncement on the permissibility of investing 401(k) and other defined contribution plan assets in private equity has gotten wide-spread attention. Yet the guidance, which was…
Benefits & Compensation Blog
Reducing or Suspending Matching or Nonelective Contributions Under a Safe Harbor Plan
During the economic downturn associated with the COVID-19 pandemic, some 401(k) plan sponsors may be considering a mid-year reduction or suspension of matching contributions or nonelective contributions to their 401(k)…
COVID-19 Workplace Law Advisor
COVID-19 And Late Remittances of Employee Deferrals to 401(k) Plans
Many employers facing economic challenges because of COVID-19 have considered several possibilities for reducing their contributions to their 401(k) plans. Whether freezing safe harbor matching or nonelective contributions or deciding…
Benefits Law Advisor
COVID-19 And Late Remittances of Employee Deferrals to 401(k) Plans
Many employers facing economic challenges because of COVID-19 have considered several possibilities for reducing their contributions to their 401(k) plans. Whether freezing safe harbor matching or nonelective contributions or deciding…
GT L&E Blog
COVID-19 and Retirement Plan Partial Terminations
Among the longer-term considerations for employer layoff and furlough decisions is the impact on a single employer pension, profit sharing, or 401(k) plan. In general, a 401(k) plan can sustain…
All Things ERISA
Cannabis 401(k) Plans: Here's Where We Stand Now
By Jewell Lim Esposito, Esq.
Cohen & Buckmann Insights
Carol Buckmann Quoted in BenefitsPro Article About Employer Contributions to 401(k) Plans
Co-founding partner Carol Buckman was quoted in the BenefitsPro article, “Coronavirus may prove to be a ‘time-limited’ problem for plan sponsors.” The BenefitsPro article, which covers the topic of Carol’s…
Beneficially Yours
401(k) and 403(b) Hardship Distributions and COVID-19 Declared Disaster Areas
By Sarah Touzalin, Christina Cerasale, Richard G. Schwartz
Updated March 28, 2020: Under the IRS safe harbor reason for a hardship related to FEMA, a hardship is available for expenses and losses for employees living or working in…