Banner Health Mismanaged 401(k) Plan, Owes Workers $2.3 Million

A road sign for a nearby hospital stands along a rural road outside Sandwich, Illinois, U.S., on Tuesday, April 14, 2020. Plan participants win on three counts after trialDamages awarded are far less than requested Banner Health owes participants in its 401(k) plan about $2.3 million, plus interest, for mismanaging the plan in violation of the Employee Retirement Income Security ...

Read More »