UnitedHealth Group improperly uses workers’ funds to reduce its own 401 (k) contributions, according to a lawsuit against the nation’s largest health insurer that is seeking class-action status.

A wave of ERISA lawsuits could alter workplace retirement plans By Elijah Nicholson-Messmer April 29, 2025, 5:20 p.m. EDT 5 Min Read wutzkoh - stock.adobe.com ...

Some of the biggest ERISA issues over the last year included those over 401(k) forfeited contributions and ESG investing, according to Gerald Maatman, co-author of the 2025 ERISA Class Action Review.

The class-action lawsuit alleged that the health care giant cost workers millions in lost gains by forcing them into lower-performing 401 (k) options. UnitedHealth Group settled in December.

Workplace retirement plans are facing a growing wave of class action lawsuits under the Employee Retirement Income Security Act (ERISA), pushing employers to evaluate the policies that dictate how 401 ...