The settlement will benefit all participants or beneficiaries of the Georgia-Pacific LLC Hourly 401(k) Plan, the Koch Industries Inc. Employees’ Savings Plan, or the Georgia-Pacific LLC 401(k) Retirement Savings Plan between July 16, 2014, and Dec. 31, 2020. You may be eligible for a potential award from the Koch Retirement Plan Recordkeeping Class Action Lawsuit!
According to the class action, the plaintiffs allege the defendants overcharged them by deducting excess fees from their accounts under the guise of recordkeeping costs. Further, the plaintiffs say, the defendants failed to monitor and control recordkeeping expenses, which led to the plaintiffs being overcharged compared to what similarly sized plans would have paid for recordkeeping. As a result, the overage charges were unreasonable. So if you are eligible, file a claim by December 27, 2021 to receive your potential award!
Koch Retirement Plan Recordkeeping CAL
- Claim Form Deadline: December 27, 2021
- Who’s Eligible: Settlement Class Members include all participants or beneficiaries of the Georgia-Pacific LLC Hourly 401(k) Plan, the Koch Industries Inc. Employees’ Savings Plan, or the Georgia-Pacific LLC 401(k) Retirement Savings Plan between July 16, 2014, and Dec. 31, 2020
- Estimated Amount: Varies
- Proof of Purchase: No proof of purchase necessary
- Case Name & Number: David Kinder, et al. v. Koch Industries, Inc., et al., Case No. 1:20-cv-02973-MHC, in the United States District Court for the Northern District of Georgia Atlanta Division
(Click here to file a claim)
How To File a Claim
- Head over to the Koch Retirement Plan Recordkeeping Claim Form.
- Read over the claim form to see if you are eligible.
- Complete the claim form with your info.
- Submit your claim form to receive your potential award by December 27, 2021!
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Bottom Line
The settlement will benefit all participants or beneficiaries of the Georgia-Pacific LLC Hourly 401(k) Plan, the Koch Industries Inc. Employees’ Savings Plan, or the Georgia-Pacific LLC 401(k) Retirement Savings Plan between July 16, 2014, and Dec. 31, 2020. You may be eligible for a potential award from the Koch Retirement Plan Recordkeeping Class Action Lawsuit!
If you are eligible, file a claim by the deadline to receive your potential award! Don’t forget to take a look at our full list of Class Action Lawsuit Settlements! Be sure to give our list of No-Proof Class Action lawsuit to see other settlements you may qualify for.