Plan Settlement For Free

The Settlement provides money for Settlement Class Members.This money will be available for payment to approximately 105,294 potential Settlement Class Members, and will also be used to pay for any court-approved attorneys' fees and expenses, a Class Representative service payment, and administration costs.

Reliance Trust has settled one of the largest 401(k) excessive suit settlements in their role in the Insperity 401(k) plan. The price tag of the settlement is $39.8 million. The case came from a case involving Reliance Trust and its role regarding the Insperity 401(k) Plan.

Class action refers to a lawsuit filed by a group of people who have suffered from similar damages caused by the same act.Receiving a notice of a class action lawsuit usually indicates your involvement in a particular case and that you might receive a possible compensation for the damages they caused.

A federal judge has entered a final order approving a $39.8 million settlement of an ERISA class action lawsuit brought by Schlichter Bogard & Denton against Reliance Trust Co. on behalf of current and former participants in Insperity's 401(k) plan.

According to recent news, the company is settling its long-running 401(k) lawsuit for $12 million. The deal comes in just days before the trial began minimizing the high risks involving a court decision.

Insperity Retirement Services has one mission to help business owners and their employees achieve their financial goals for retirement. We deliver comprehensive 401(k) plan recordkeeping and administration to more than 4,000 businesses with five to 500+ employees.

Settlement checks are typically mailed within one month after you submit the release form to the insurance company.