Company Directory - Advantage
Company Details - Advantage
Advantage
Advantage is a Microsoft Gold Partner that provides expert support and solutions based on Microsoft products. The company leverages its Microsoft Gold Partner status to help businesses optimize their IT environments and maximize their investment in Microsoft technologies.
CCI Score
CCI Score: Advantage
-52.64
0.03%
Latest Event
Advantage Solutions Defends 401(k) Fee Challenge
Advantage Solutions is facing a class action challenge alleging that its workers' 401(k) plan charged nearly double the typical recordkeeping fees and provided a poorly performing investment option, potentially breaching fiduciary duties under ERISA.
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QUISLING
Advantage is currently rated as a Quisling.
Latest Events
- NOV202024
Advantage Solutions is facing a class action challenge alleging that its workers' 401(k) plan charged nearly double the typical recordkeeping fees and provided a poorly performing investment option, potentially breaching fiduciary duties under ERISA.
-60
Labor Relations and Human Rights Practices
March 29
The company is accused of failing in its fiduciary responsibilities by imposing excessive recordkeeping fees on its workers' 401(k) plan, thereby harming employee retirement savings. This alleged breach of duty reflects unethical business practices that exploit worker benefits, a clear concern from a labor and human rights perspective.
Advantage Solutions Ordered to Defend 401(k) Fee, Fund Challenge
- MAR052024
A former employee has filed a class action complaint alleging that Advantage Solutions mismanaged its $690 million retirement plan by overpaying for administrative services and failing to properly monitor investments, resulting in grossly excessive recordkeeping fees.
-50
Labor Relations and Human Rights Practices
March 29
The lawsuit highlights alleged mismanagement of the company’s retirement plan—charging excessive recordkeeping fees without proper oversight—resulting in significant harm to employees’ retirement security. This neglect of fiduciary duty and worker financial welfare reflects unethical business practices which undermine labor rights.
Advantage Solutions Sued by Former Worker Over 401(k) Plan Fees
- JAN012023
Advantage Solutions is facing a series of lawsuits alleging worker exploitation, including misclassification to avoid overtime pay, unpaid wages and commissions, forced unreasonable expenses, and allegations of discrimination and creating a hostile work environment. A preliminary approval for a $1.2 million settlement in a class action lawsuit in 2023 highlights the legal challenges confronting the company.
-70
Labor Relations and Human Rights Practices
March 29
The lawsuits detail serious labor rights abuses including employee misclassification, unpaid overtime, and discriminatory practices. These allegations indicate significant violations of ethical labor standards and worker rights, thereby warranting a strongly negative score from an anti-fascist perspective that prioritizes the protection of marginalized workers.