Fund company says Stacy Schaus was paid well, but was an 'ineffective' manager.
Record-keeping duties of firm's self-directed brokerage and non-qualified plan business to be transferred to TD Ameritrade and Newport Group, respectively.
Workers are less confident about the role Social Security will play in their retirement, EBRI survey shows.
Respondents to PIMCO survey say target-date funds offer better value.
Lawsuit also names Financial Engines and Alight, both providers of financial advice to the plan.
Court agrees with university that offering many investment options is not a violation of ERISA.
Complaint alleges the decline in the stock cost plan participants an estimated $135 million.
The class-action lawsuit is a consolidation of several complaints against the 401(k) plan fiduciaries.
Plan sponsors are deciding that a per-head fee is fairer than revenue-sharing practices in which fees are based on assets
Plan participants claim 'inefficient and costly' system.
