{"id":880942,"date":"2026-10-13T15:10:10","date_gmt":"2026-10-13T15:10:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/880942\/"},"modified":"2026-10-13T15:10:10","modified_gmt":"2026-10-13T15:10:10","slug":"justworks-employment-must-defend-unexplained-401k-plan-payment","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/880942\/","title":{"rendered":"Justworks Employment Must Defend Unexplained 401(k) Plan Payment"},"content":{"rendered":"<p>Human resources company Justworks Employment Group LLC must defend allegations that it engaged in self-dealing in its employees\u2019 401(k) plan, but it secured dismissal of claims challenging the plan\u2019s administrative fee levels.<\/p>\n<p>The complaint plausibly alleges that Justworks authorized its 401(k) plan to pay nearly $1 million to itself or an affiliate in 2024 for unexplained reasons, Judge <a href=\"https:\/\/www.bloomberglaw.com\/people\/20315817\" rel=\"nofollow noopener\" target=\"_blank\">Jeremy C. Daniel<\/a> said. <\/p>\n<p>These allegations are enough to move forward with claims of fiduciary disloyalty and prohibited transactions under the Employee Retirement Income Security Act, Daniels said in an <a href=\"https:\/\/www.bloomberglaw.com\/public\/document\/KeimvJustworksEmploymentGroupLLCetalDocketNo126cv02209NDIllFeb262\/1\" rel=\"nofollow noopener\" target=\"_blank\">opinion<\/a> issued Monday in the US District Court for the Northern District &#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"Human resources company Justworks Employment Group LLC must defend allegations that it engaged in self-dealing in its employees\u2019&hellip;\n","protected":false},"author":2,"featured_media":880943,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38],"tags":[7127,28,13862,134,370090],"class_list":["post-880942","post","type-post","status-publish","format-standard","has-post-thumbnail","category-jobs","tag-401k-plans","tag-business","tag-class-actions","tag-jobs","tag-plan-fees"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/880942","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=880942"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/880942\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/880943"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=880942"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=880942"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=880942"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}