Pension Plan Administrator Sues, Alleges Fees Wrongly Withheld By Plan Manager

(January 11, 2021, 2:47 PM EST) -- SACRAMENTO, Calif. — A dental practice’s pension plan and its plan administrator filed a putative class complaint on Jan. 4 in a federal court in California, accusing the administrator and manager of its plan assets of engaging in prohibited transactions by improperly withholding fees when it sought to transfer plan assets to another manager....

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