Would you intentionally advise clients to build their retirement savings plan on such a flimsy foundation that it could be targeted for a class-action lawsuit? But unfortunately, there have been hundreds of fiduciary breach lawsuits against plan sponsors over the past 15 years. With more than 200 such filings since January 2020, the evidence is clear that some fiduciaries who manage ERISA 403(b) and 401(k) plans are somehow missing the mark.