Is Your 401(k) Plan Adviser Costing Employees Retirement Money?

With millions of American workers invested in 401(k) plans, they want to know that their retirement savings are in good hands. Q3 2020 hedge fund letters, conferences and more But recent legal action against some large companies indicates that’s not always the case. LinkedIn is the subject of a class-action lawsuit for alleged mismanagement of a 401(k) plan that totals $818 million. Participants in the Costco 401(k) are suing their company for alleged mismanagement of its $15.5 billion defined contribution plan. Many companies have committees responsible for overseeing their employees’ 401(k) …

Read More

HEDGE accordingly