"Recordkeepers should continue to remind plan sponsors and participants that these services are available to increase utilization and help improve outcomes.” ...

A near $15 billion 401(k) plan has been sued for retaining “underperforming” investment options, including a target-date fund — allegedly costing participants more than $318 million.

The suit alleges that these defendants “…have kept two serially underperforming funds —the Harbor Capital Appreciation Fund and the Parnassus Core Equity Fund — in the Plan for over 10 years,” and ...

The low-fee fight continues, and on Monday, Vanguard announced what it called “significant and wide-ranging cost reductions across its investment lineup.” ...

Washington remains volatile, but the policy momentum behind improving the retirement system is very real — and ARA intends to stay at the center of it.