Service cost refers to the present value of the projected retirement benefits earned
by plan participants in the current period.
Successfully defended a financial institution and its pension plan against a
claim by plan participants for additional retirement benefits.
In order to reduce their risk of fiduciary liability, 401 (k) plan sponsors often seek to offer an investment menu that satisfies the requirements of ERISA Section 404 (c), which eliminates the risk associated with investment
choices by plan participants...
In the suit
filed by this plan participant, the complaint says «plan participants would have had USD 130 million more had they instead been in an index fund that roughly matched the market.»
For the purposes of this benefit: «Baggage and Personal Effects» means goods being
used by the Plan Participant during the Plan Participant's Trip.
Effective January 1, 2010, the Company amended this plan to provide for supplemental Company matching contributions for any compensation
deferred by a plan participant, including named executives, that would have been eligible (up to certain IRS limits) but for this deferral for a matching contribution under the Company's 401 (k) Plan.
In order to reduce their risk of fiduciary liability, 401 (k) plan sponsors often seek to offer an investment menu that satisfies the requirements of ERISA Section 404 (c), which eliminates the risk associated with investment
choices by plan participants...