$500,000 Settlement Gets Final OK In ERISA Record-Keeping Fees Case

Mealey's ( January 4, 2024, 9:17 AM EST) -- SPRINGFIELD, Mass. — A $500,000 class settlement of an Employee Retirement Income Security Act suit over allegedly excessive record-keeping fees for a health system’s 403(b) defined contribution pension plan won final approval in Massachusetts federal court, with class counsel awarded a third of that amount for attorney fees....

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