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183310P.pdf   02/03/2020  Frederick Rozo  v.  Principal Life Insurance Co.
   U.S. Court of Appeals Case No:  18-3310
   U.S. District Court for the Southern District of Iowa - Des Moines   
   [PUBLISHED] [Benton, Author, with Smith, Chief Judge,and Gruender, Circuit 
   Judge] 
   Civil case - ERISA. Principal is a fiduciary when it sets the rate of 
   return (Composite Crediting Rate) for its 401(k) retirement plan; applying 
   the test set out in Teets v. Great-West Life & Annuity INs. Co., 921 F.3d 
   1200 (10th Cir. 2019), which the parties agree guides the court's analysis 
   in this case, Principal is a fiduciary because as a provider its setting 
   of the rate does not conform to a specific term of its contract with the 
   employer plan and the plan sponsors do not have unimpeded ability to 
   reject Principal's actions or terminate the relationship; reversed and 
   remanded for further proceedings.