The health insurer is accused of using forfeited funds from departing employees to reduce employer contributions to the ...

The focus of the lawsuit is forfeited funds, which total the amount of employer match contributions participants lose if they ...

While lawsuits continue to be filed against companies alleging their management of forfeited funds in 401(k) plans violates their ... a settlement agreement. The Cigna Group is the latest company ...

The Cigna Group is the latest company accused of mismanaging the forfeited funds in its 401(k) plan, and software company ...

A suit alleging a fiduciary breach, based on a stable value option, has added claims about the misuse of plan forfeitures.

Cigna’s 401(k) plan also allegedly invested in contracts that provided “significantly lower rates of return” than comparable funds the healthcare insurer could have made available to retirement plan ...

United Wholesale Mortgage (UWM) is facing a class-action lawsuit alleging misuse and misallocation of assets within its 401(k) retirement plan. The company has called the suit a “baseless claim.” ...