A new lawsuit against Mattel is added to a handful of cases alleging that using retirement plan forfeitures to offset contributions represents a breach of fiduciary duty.

With internal audit on the front lines of your compliance initiatives, and retirement plans rapidly becoming a hot bed of frivolous lawsuits, now is the time to pay close attention to this lesser-known threat to your organization.

Optimatum can proactively support your fiduciary responsibilities with our Retirement Plan Checkup Solution – an independent third-party review of your plan governance, compliance and operations. Stave off these bottom feeder lawsuits with an offensive approach to retirement plan compliance.

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