Pentegra 401(k) Settlement

Khan, et al., v. Board of Directors of Pentegra Defined Contribution Plan, et al.,
No. 7:20-cv-07561 (S.D.N.Y.)

File Claim

If you have been a participant or beneficiary in the Pentegra Defined Contribution Plan for Financial Institutions from September 15, 2014 through April 30, 2025, a class action Settlement may affect your rights.

The Court still must decide whether to give its Final Approval to the Settlement. Payments under the Settlement will be made only if the Court finally approves the Settlement and that Final Approval is upheld in the event of any appeal.

This website is provided as a service to potential class members. The information provided is in summary form and is not intended as a complete explanation of your rights. For full and complete information, you are directed to review carefully the Notice of Pendency of Class Action and Proposed Settlement.

What Are My Options?

File a Claim Form (Former Participants Only)

— Deadline: November 16, 2025

Current Participants do not need to do anything to participate in the Settlement. If you are a Former Participant, to receive your share of the Net Settlement Amount, you must return a Former Participant Claim Form that is postmarked or electronically filed by November 16, 2025. If you do not return the Former Participant Claim Form that is postmarked or electronically filed by November 16, 2025, you will forfeit your share of the Net Settlement Amount, even though you will be bound by the Settlement, including the release.

Object

— Deadline: October 27, 2025

If you wish to object to any part of the Settlement, you may (as discussed in the Notice) write to the Court and counsel about why you object to the Settlement. The Court has authorized the parties to seek information through discovery from any person who files an objection, which means you could be required to produce documents and appear at a deposition to be interviewed and asked questions.

Attend Hearing

— Scheduled: December 2, 2025 at 11:30 a.m.

If you submit a written objection to the Settlement to the Court and counsel before the deadline, you may attend the hearing about the Settlement and present your objections to the Court. You may attend the hearing even if you do not file a written objection, but you will not be permitted to address the Court at the hearing if you do not notify the Court and counsel by October 27, 2025, of your intention to appear at the hearing.