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Allina Health System Retirement Plan Settlement

Settlement Structure: 
Case Summary: 

Allina Health System is settling a class action about its 403(b) and 401(k) retirement plans brought under the Employee Retirement Income Security Act (ERISA). The complaint alleged that the those in charge of the plans violated their fiduciary duties in connection with the monitoring and selection of the plans’ investment options.

Docket Number: 
17-cv-03835 (SRN/SER)
Class Period: 
Thursday, April 16, 2020
Objection Deadline: 
Monday, March 16, 2020
Final Approval Hearing: 
Tuesday, January 14, 2020
Hand Putting Coin in Piggy Bank