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Retirement Sponsor Sued Over Fees In $1.5B 401(k) Plan

By Kellie Mejdrich ( April 13, 2022, 5:43 PM EDT) -- A proposed class of retirees sued a Wisconsin-based financial services company offering retirement plans to credit unions, alleging that mismanagement of workers' $1.5 billion 401(k) plan lost them millions of dollars through excessive fees and record-keeping costs in violation of federal benefits laws....

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