Blog Post
Aug 2, 2019
When An Innocent ERISA Administrator Mistake Can Lead To Money Damages
Synopsis: A recent decision of the federal district court for the Southern District of New York warns ERISA fiduciaries that even innocent mistakes that do not misuse plan assets or unjustly enrich the fiduciaries can cause an unexpected and substantial expense to the plan, at least in the context of a less than clear summary plan description (SPD)
Read the full blog post.