401(k) & Retirement Plans

What are 401(k) and retirement plan claims?

Your retirement money is yours, not your employers or the financial companies they have hired to operate your retirement plan. Walcheske & Luzi, one of the few firms in the country to have done so, has successfully brought numerous class action lawsuits on behalf of classes of participants when the company is excessively paying its financial firms for the services provided and diminishing your retirement savings.

Determining whether fees are "excessive" requires the experience and expertise that only a few firms in the country have. You've come to the right place. Contact us to discuss your 401(k) and retirement plans today to make sure your tomorrow is protected.

401(k) and Retirement Plan Claims Understood

ERISA claims are not so easy to spot. Without access to your employee benefit plan, its summary plan description (SPD), or other plan documents, you might not understand that the administrators and managers of your plan may be breaching the fiduciary duties of acting in your best interest and acting as a reasonable fiduciary should do under similar circumstances.

Fiduciary status means that plan administrators and others are held to the highest standards of care known to law. Only a review of your plan documents by a trained and experienced employee benefit attorney can discover whether you have such claims. In such claims, the burden is on the employee or other covered person to prove that a benefit-related decision wrongfully denied them an employee benefit or that there was a breach of a fiduciary duty of loyalty or care owed to them.

These cases are very complex and require legal advice from only those with experience and expertise in ERISA law. You've come to the right place. Contact Walcheske & Luzi, LLC today to have your plan reviewed to ensure your future is not being adversely impacted.