KPMG LLP asked a New Jersey federal judge to toss a lawsuit challenging its $6 billion 401(k) plan, arguing that plan participants can’t show they’ve been harmed because they don’t say which funds they held in their accounts.

The plaintiffs “do not identify when they participated in the Plan, the investments they selected, the timeframe they held those investments, or the fees they paid,” KPMG said in a motion to dismiss filed Tuesday in the U.S. District Court for the District of New Jersey. This failure to show how they’ve been harmed by the plan’s management means they haven’t demonstrated ...

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