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WakeMed Health and Hospitals
Participants in the WakeMed Retirement Savings Plan may be eligible for payments based on their average retirement account balances during the class period.
ClosedUnited States-wideClaim status: Closed on December 30, 2021Payout: Varies based on monthly average end-of-quarter retirement plan account balances during the Class PeriodNo longer claimable
About this settlement
This settlement involves alleged issues with the management of WakeMed’s retirement savings plans affecting participants between 2014 and 2021.
This class action settlement resolves claims related to the WakeMed Retirement Savings Plan and other defined contribution plans sponsored by WakeMed. Eligible participants during the class period may receive payments based on their average retirement account balances.
Who qualifies
- Anyone who participated in the WakeMed Retirement Savings Plan or other defined contribution plans sponsored by WakeMed between August 25, 2014 and May 4, 2021.
- Beneficiaries of deceased participants during the class period.
- Alternate payees under Qualified Domestic Relations Orders during the class period.
Varies based on monthly average end-of-quarter retirement plan account balances during the Class Period
Claim status: Closed on December 30, 2021