Settlement Structure: Claims Made
Active: Open
Case Summary:This settlement resolves a class action about the Washington University in St. Louis Retirement Savings Plan, brought against Washington University in St. Louis, its Board of Trustees, the Washington University in St. Louis Retirement Plan Advisory Committee and Plan Administration Committee, and the university’s Executive Vice Chancellor and Chief Administrative Officer.
Docket Number:4:17-cv-01641-RLW
Company: Washington University in St. Louis
Filing Deadline: January 1, 2100
Class Period: June 8, 2011 to March 31, 2022
Objection Deadline: August 11, 2022
Final Approval Hearing: August 31, 2022
Proof of Purchase:You do not need to provide proof or submit a claim form.
Eligibility:You may be eligible if you were a participant in the plan, at any time between June 8, 2011 and March 31, 2022, including a beneficiary of a deceased person or an alternate payee of a person subject to a Qualified Domestic Relations Order in effect before the end of the above period.
Typical Settlement Amount:Pro-rata share of the net settlement fund, according to a plan of allocation. The distribution will be based on each person’s average plan account balance during the class period and the length of participation during the class period. Shares that come to $25 or less will not be distributed. Current participants will have their shares deposited into their accounts and invested as new contributions. Former participants will have their shares distributed to rollover accounts. Beneficiaries and alternate payees will receive their shares in the form of a check. See the Settlement Agreement or Notice for details.
Total Settlement Amount: $7,500,000
Class Representative Proposed Incentive Fee:$5,000
Law Firms:
Berger & Montague
Chimicles Schwartz Kriner & Donaldson-Smith LLP
Schneider Wallace Cottrell Konecky
Case Name: Davis, et. al., v. Washington University in St. Louis, et. al.
Settlement Website: Washington University ERISA Settlement Website
Claims Administrator:
Angeion Group
Washington University ERISA Settlement
c/o Settlement Administrator
1650 Arch Street, Suite 2210
Philadelphia, PA 19103
info@WashingtonUniversityERISAsettlement.com
888-874-1788