Jack Henry & Associates 401(k) ERISA Class Action Settlement

Closed on 2026-02-11

Participants in the Jack Henry & Associates 401(k) Plan between Oct 9, 2017, and Sept 11, 2025.

Settlement Closed

Registration for the Jack Henry & Associates 401(k) ERISA Class Action Settlement has closed.

But there are open class action settlements available now — see what you may qualify for.

Who’s Eligible

Current Participants, Former Participants, Beneficiaries, or Alternate Payees of the Jack Henry & Associates, Inc. 401(k) Retirement Savings Plan.
Must have participated in the Plan at any time between October 9, 2017, and September 11, 2025.
Active Accounts: Current participants with a balance greater than $0 as of September 11, 2025, are automatically eligible.
Former Accounts: Former participants without an active account must submit a claim form.

Eligible States

Nationwide

Claim Deadline

This settlement is no longer accepting claims.

What You Need to Do to Get Paid

Active Accounts: If you have an active account in the Plan, you do not need to do anything. You will receive your payment automatically into your Plan account.
Former Accounts: If you are a Former Participant without an active account, you must complete and mail the Former Participant Claim Form by February 10, 2026.

Current participants do not need to submit proof or a claim. Former participants must submit a Former Participant Claim Form to verify their eligibility and elect a payment method.

This link will direct you to the official settlement website — administered by Verita Global

Settlement Payout

Estimated Payout Per Person

Payments will be calculated based on a Plan of Allocation. Current participants with active accounts will receive funds automatically into their 401(k) accounts. Former participants must submit a claim form to receive payment via check or tax-qualified rollover.

Settlement Fund Breakdown

$1,600,000

Settlement Fund: $1,600,000.00
Attorneys’ Fees: Up to 33 1/3% of the Gross Settlement Amount (approx. $533,280.00)
Service Awards: $10,000.00 to each Class Representative
Admin Expenses: Deducted from the Gross Settlement Amount

Background of the Lawsuit

Plaintiffs allege that Defendants violated the Employee Retirement Income Security Act of 1974 (ERISA) in the administration of the Jack Henry & Associates, Inc. 401(k) Retirement Savings Plan. Defendants deny the allegations and deny that they engaged in any improper conduct.

Frequently Asked Questions

Who is eligible for the settlement?

You are eligible if you were a participant, beneficiary, or alternate payee in the Jack Henry & Associates, Inc. 401(k) Retirement Savings Plan at any time between October 9, 2017, and September 11, 2025.

Do I need to submit a claim form?

Only Former Participants who do not have an active account balance in the Plan need to submit a claim form. Current participants with active accounts will receive payments automatically.

What is the deadline to file a claim?

If you are a Former Participant required to file a claim, your Former Participant Claim Form must be postmarked or received by February 10, 2026.

How much will I receive?

The amount depends on a Plan of Allocation that considers your account balance and time in the plan. The Net Settlement Amount will be distributed pro rata among eligible class members.

When is the fairness hearing?

The Court will hold a Fairness Hearing on February 24, 2026, to decide whether to approve the settlement.

Settlement Administrator

Verita Global

Lacrosse v. Jack Henry & Associates Settlement Administrator, P.O. Box 301134, Los Angeles, CA 90030-1134

1-888-777-6994

Info@JackHenryERISASettlement.com

For questions about claims, deadlines, or payments, contact the settlement administrator directly.

More Settlements

Explore other claims you may qualify for.

Case Details

Case Title: Lacrosse, et al. v. Jack Henry & Associates, Inc., et al.

Case Number: 3:23-cv-05088-SRB

DiCello Levitt LLP

Listing Information

Published: January 6, 2026

Last Updated: February 12, 2026

Category: Employment

Sources

Official Settlement Site

Frequently Asked Questions

Important Dates

Listing Managed By: The Class Action Lawsuit Research Team

Information verified against official court documents. Learn how we verify

Found an error? Let us know

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Disclaimer

The information on this website is free to access and provided for general educational and informational purposes only. It is not legal advice. We summarise settlement information from official notices, court documents, settlement websites, administrators, and other primary sources where available.

Settlement details and deadlines may change. Always refer to the official settlement website or consult a licensed attorney for advice specific to your situation.

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