District Court, S.D. Iowa December 10, 2014, Case No. 4:14-cv-00102-SMR-HCA (McCaffree Financial Corp. ex rel. McCaffree Financial Corp. v. Principal Life Insurance)

ORDER GRANTING DEFENDANT’S MOTION TO DISMISS

STEPHANIE M. ROSE, District Judge.

I. INTRODUCTION

This is a case brought under the Employee Retirement Income Security Act of 1974 (“ERISA”), 29 U.S.C. §§ 1001 et seq. *656In all cases such as this, the threshold question is the same: whether the alleged fiduciary was acting as a fiduciary when taking the action subject to the complaint. Pegram v.