Category Archives: Retirement

Costco is slashing prices on everything … except their retirement plan (lawsuit alleges)

Posted on by Curtis Auffenberg

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Last month, a participant in the Costco 401k plan (which has roughly 170k+ participants and $15B Assets) filed a lawsuit against the company citing damages from ERISA violations. I read the almost 40-page class action complaint and wanted to break it down as simply as I could. The lawsuit alleges that…