Page 51 - DCAC December 2024 Files
P. 51
Understanding Fiduciary Responsibilities
2023 Excess Fee and Investment Imprudence Claims, by Type
Excessive Recordkeeping Fees 28
Excessive Investment Fees 17
Imprudent Investment Claims 23
Wrong Share Class 11
High Fee/Underperformance of Active TDFs 10
Excess Float Income 9
Proprietary Funds 7
Stable Value Fund Claims 4
Excessive Managed Account Fees 1
Self-Dealing 1
0 5 10 15 20 25 30
Source: Euclid Fiduciary, independent fiduciary liability insurance provider.
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