Washington University in St. Louis Retirement Plan ERISA Settlement

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:


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.


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:


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

Claims Administrator Contact Information:

Washington University ERISA Settlement
c/o Settlement Administrator
1650 Arch Street, Suite 2210
Philadelphia, PA 19103

Tags: Breach of Fiduciary Duty, ERISA Violations, Excessive Fees, Retirement Plans