On April 7, 2024, Nevin (Adams) & Fred (Reish) took their popular podcasting platform on the road to Nashville, Tennessee for a live version at the NAPA 401(k) Summit—in the middle of a solar eclipse!
During an expanded session, the prolific podcasting pair pointed to some takeaways from recent litigation trends including:
- Why it’s important to know/read your plan document (forfeiture reallocation suits) — Law Firm Finds Another 401(k) Plan to Slap with Forfeiture Fiduciary Breach Suit
- Why you may not need an investment policy statement (but should have an investment policy and an engaged committee) — Prudent Process Prevails (Again) in Proprietary Fund Suit
- How participant demographics could (should?) influence your target-date fund selection — Breaking News: flexPATH Prevails in Suit Brought by Schlichter
