C
Costco
Costco 401(k) plan participants may benefit from a $3.2 million settlement over alleged plan mismanagement violating ERISA.
ClosedUnited States-wideClaim status: Closed on July 1, 2022Payout: VariesNo longer claimable
About this settlement
Alleged mismanagement of Costco's 401(k) Retirement Plan violating federal employee retirement laws.
This settlement resolves claims that Costco mismanaged its 401(k) Retirement Plan, violating ERISA. Eligible participants and beneficiaries with qualifying plan accounts during the class period may receive compensation from the $3.2 million fund.
Who qualifies
- Participants, beneficiaries, and alternate payees of the Costco 401(k) Retirement Plan.
- Those with a plan account as of the court certification date or with an account balance over $1,000 for at least 12 months since May 30, 2014.
- Class period from May 30, 2014 through March 17, 2022.
Varies
Claim status: Closed on July 1, 2022