Liberty Mutual 401(k) Plan ERISA Settlement
What this is about
Excessive recordkeeping/administrative fees and imprudent investment options in the company 401(k) plan, alleged to violate ERISA fiduciary duties.
The background
The underlying case, Ahmed et al. v. Liberty Mutual Group, Inc. (No. 3:20-cv-30056-MGM, D. Mass.), accuses the company of causing the 401(k) plan to pay excessive recordkeeping and administrative fees while retaining imprudent investment options. Liberty Mutual denies liability, maintaining in court filings that it acted prudently and in participants' best interests, and agreed instead to fund a $13,400,000 qualified settlement account to resolve the case. The settlement has already received preliminary court approval, and a fairness hearing is scheduled for September 2, 2026 (held via Zoom), after which the court will decide on final approval.
Worth knowing
The underlying case, Ahmed et al. v. Liberty Mutual Group, Inc. (No. 3:20-cv-30056-MGM, D. Mass.), accuses the company of causing the 401(k) plan to pay excessive recordkeeping and administrative fees while retaining imprudent investment options. Liberty Mutual denies liability, maintaining in court filings that it acted prudently and in participants' best interests, and agreed instead to fund a $13,400,000 qualified settlement account to resolve the case. The settlement has already received preliminary court approval, and a fairness hearing is scheduled for September 2, 2026 (held via Zoom), after which the court will decide on final approval.
File your claim on the official site →Common questions
How much can I get from the Liberty Mutual 401(k) Plan ERISA Settlement?
Share of $13.4M net settlement fund, varies by account
What happened in the Liberty Mutual 401(k) Plan ERISA Settlement case?
Excessive recordkeeping/administrative fees and imprudent investment options in the company 401(k) plan, alleged to violate ERISA fiduciary duties.
How do I actually file a claim?
Use the official claim link on this page — it goes directly to the real claims administrator or court-approved site. We never collect claim submissions ourselves and never charge a fee to help you file.
Where does this information come from?
This entry was last verified on August 23, 2026 against its primary source (the official claims administrator, court record, or government page) — linked below. We re-check it, not just copy it once.
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