John Muir Health Cleared for $950,000 Retirement Plan Class Deal

John Muir Health finalized a $950,000 class settlement with employees challenging the hospital system’s retirement plan fees and how it handles plan money forfeited by departing workers.

Judge Araceli Martínez-Olguín granted final approval to the deal Monday, saying it covers about 20,000 people and requires John Muir to look for a new retirement plan recordkeeper. She also awarded class counsel more than $260,000 in attorneys’ fees and costs.

• The lawsuit, filed in the US District Court for the Northern District of California, accused the health system of paying excessive recordkeeping fees in its retirement plan and improperly using plan forfeitures ...