March 18, 2022
This class action sues Molina Healthcare, Inc., claiming it did not fulfill its fiduciary duties to the Molina Salary Savings Plan, its company retirement plan, which is governed by the Employee Retirement Income Security Act (ERISA). The complaint claims that the plan offered untested target date funds as investment options and that Molina did not use the plan’s bargaining power to obtain reasonable management fees.
Case Event File: Molina Retirement Plan Expenses and Performance ComplaintRelated to: Molina Retirement Plan Expenses and Performance Class Action