Class Certification Bid Fails In ERISA Challenge To Multiple-Employer Plan Fees

(January 12, 2024, 1:57 PM EST) -- MADISON, Wis. — Dismissing three of four plaintiffs for lack of standing and applying Spano v. The Boeing Co., a Wisconsin federal judge denied a class certification motion in a suit over the record-keeping and administration costs of a professional employer organization’s retirement plan because individual employers’ negotiations with the record-keeper resulted in “disparate fees.”...

Class Certification Bid Fails In ERISA Challenge To Multiple-Employer Plan Fees

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