June 10, 2022
Boston College has two retirement plans, the Boston College 401(k) Retirement Plan I and the Boston College 401(k) Retirement Plan II. The complaint for this class action alleges that those responsible for the plans—the Trustees of Boston College and the Plan Investment Committee—have breach their fiduciary duties and mismanaged the plans in a way that “has cost participants millions of dollars,” through poorly-performing and high-cost investments.
Case Event File: Boston College Retirement Plans High Costs, Low Returns ERISA ComplaintRelated to: Boston College Retirement Plans High Costs, Low Returns ERISA Class Action