K

Koch Industries

Participants or beneficiaries of certain Koch retirement plans may be eligible for payments from a $4 million settlement.

ClosedUnited States-wideClaim status: Closed on December 27, 2021Payout: VariesNo longer claimable

About this settlement

Settlement for alleged recordkeeping issues affecting certain Koch and Georgia-Pacific 401(k) retirement plans.

This settlement resolves claims related to recordkeeping practices for the Georgia-Pacific LLC Hourly 401(k) Plan, the Koch Industries Inc. Employees’ Savings Plan, and the Georgia-Pacific LLC 401(k) Retirement Savings Plan. Eligible participants or beneficiaries during the specified period may receive payments.

Who qualifies

  • Participants or beneficiaries of the Georgia-Pacific LLC Hourly 401(k) Plan between July 16, 2014 and December 31, 2020.
  • Participants or beneficiaries of the Koch Industries Inc. Employees’ Savings Plan during the same period.
  • Participants or beneficiaries of the Georgia-Pacific LLC 401(k) Retirement Savings Plan during the same period.

Varies

Claim status: Closed on December 27, 2021

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