X
20Jan

Northrup Grumman Agrees To Settle 401(k) Excessive Fee Suit

Northrop Grumman has agreed to pay $12,375,000 to settle a class action brought under the Employee Retirement Income Security Act (“ERISA”) by participants in its 401(k) plan. The parties reached the initial terms of this settlement last year minutes...
By: Jackson Lewis P.C.
Source Url: https://www.jdsupra.com/legalnews/northrup-grumman-agrees-to-settle-401-k-57102/

Related

Deadline Approaching for 403(b) Sponsors to Review Plan Documents for Compliance

Section 403(b) plans must be maintained pursuant to a written plan document that meets detailed requ...

Read More >

OFCCP Proposes New Rule To “Ensure Religious Employers Are Protected”

As previewed in the Spring regulatory agenda, the Office of Federal Compliance Contract Programs (OF...

Read More >

Key California Employment Law Cases: November 2019

Carroll v. City & Cnty. of S.F., 41 Cal. App. 5th 805, 254 Cal. Rptr. 3d 519 (2019) - Summary:  Eac...

Read More >

Win For Motor Carriers In Battle In California Over Employment Classification Of Owner-Operators

A highly anticipated decision granting a preliminary injunction preventing California from applying ...

Read More >

Supreme Court Sets Stage for Game-Changing 2019 Term for Employers

Between gerrymandering and the 'citizenship' question, the Supreme Court concluded its 2018 term wit...

Read More >

What Employers Need to Know about New York State’s New Discrimination and Harassment Laws: Part 2

On June 19, 2019, the New York Legislature voted to reform New York discrimination law. See NYS Asse...

Read More >