US Bank Settles 401(k) Recordkeeping Fee Class Action
By Kellie Mejdrich ( November 10, 2025, 2:12 PM EST) -- U.S. Bancorp and a class of participants in the company's employee 401(k) plan told a Minnesota federal court on Monday that they had reached a settlement deal to resolve workers' allegations that the plan paid excessive recordkeeping fees in violation of federal benefits law....
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