The court held that the fiduciaries failed to monitor the recordkeeping fees and ordered them to restore $13.4 million in excess fees to the plans. The court also ordered the fiduciaries to restore an additional $21.8 million for a total of $35.2 million in excess fees.
http://www.hblaw.com/alerts/Plan-Fiduciaries-Liable-for-Permitting-Excessive-401k-Fees-05-01-2012-
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