Allegation language only. The following describes claims made in public filings or reporting. No defendant is described as guilty or liable unless a court has so found. Settled matters resolved without an admission of liability.
What the lawsuit alleges
Alleged the ~$960 million plan paid excessive recordkeeping fees and imprudently retained a stable-value fund. Reported settled in 2025.
Who may be affected
Current and former participants and beneficiaries of the Jack Henry & Associates 401(k) 401(k) plan during the relevant class period. Eligibility depends on the plan, role, and dates of participation — request a free review to confirm.
Case status & source
Status: Settled (2025) · Reported amount: ~$1.6M.
- Primary source pending — attach the verified public link (court filing, DOL release, or reputable outlet) before publishing.
Related practice area
401(k) plan litigation overview · All plan & employer lawsuits
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