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The IBM lawsuit caught the attention of Labor Department, which claims the three-year deadline to bring a fiduciary claim doesn't apply because workers didn't have "actual knowledge" of the ERISA violation.

The DOL earlier this year filed a lawsuit accusing Blue Cross and Blue Shield of Minnesota of incorrectly imposing a state provider tax on self-funded health plan customers and violating its fiduciary duties under ERISA.

It's critical that employers and their benefits advisors take the fiduciary standards learned from retirement plans and apply them to their health plans.

As the Employee Retirement Income Security Act turns golden, one industry expert takes a look at its impact.

Recently, numerous class action 401(k) lawsuits have been filed by participants over misuse of forfeited assets from former employees, including Bank of America, Wells Fargo and Nordstrom.

In July, a judge put the Department of Labor's new Retirement Security Rule, which was set to go into effect September 23, on hold, where it seems likely to remain until after the presidential election.

For micro employers, lack of affordable stop-loss insurance could be an obstacle.

With high levels of debt, many employees are financially vulnerable, which is why they need employers to offer financial workshops and webinars and incentivize participation in savings programs, like emergency saving accounts.