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Land O'Lakes ERISA Settlement

Last verified September 18, 2026Source: jndHow ClaimWatch verifies cases

This settlement is closed to new claims. You can still see what it was about and follow the case in court below. Looking for money you can still claim? Browse open settlements →

What happened

The defendants allegedly breached fiduciary duties owed to participants and beneficiaries of the Land O'Lakes Employee Savings and Supplemental Retirement Plan under ERISA by failing to reduce plan expenses and properly scrutinize investment options offered in the plan. Defendants deny all allegations and maintain they administered the plan properly and prudently.

Do you qualify?

Anyone who participated in the Land O'Lakes Employee Savings and Supplemental Retirement Plan at any time from May 26, 2014 to June 28, 2022, including beneficiaries of deceased participants and alternate payees under Qualified Domestic Relations Orders. Excluded are members of the Land O'Lakes, Inc. Retirement Plan Committee.

What you can claim

Read from the official settlement notice. Confirm the terms that apply to you on the administrator's site before filing.

  • Settlement payment allocation

    Class members who participated in the Land O'Lakes Employee Savings and Supplemental Retirement Plan during the class period will receive a share of the Net Settlement Amount according to a Plan of Allocation approved by the Court.

Who is in the class

All persons who participated in the Plan at any time during the Class Period, including any Beneficiary of a deceased person who participated in the Plan at any time during the Class Period, and any Alternate Payee of a person subject to a Qualified Domestic Relations Order who participated in the Plan at any time during the Class Period. Excluded from the Settlement Class are the members of the Land O'Lakes, Inc. Retirement Plan Committee during the Class Period.

Quoted from the settlement notice.

How to file

No claim filing is required. If you are a current Plan participant with a positive account balance, settlement funds will be deposited into your Plan account. If you are a former participant, settlement funds will be paid directly to you by the Settlement Administrator. Settlement payments are being distributed according to a Court-approved Plan of Allocation.

Common questions

How much does the Land O'Lakes ERISA Settlement pay?
The total settlement fund is $1.8M. Actual amounts depend on how many valid claims are filed — most settlements divide a fixed fund pro rata, so a higher claim rate means a smaller individual check. An "up to" figure is a cap, not a guarantee.
Do I need proof of purchase for the Land O'Lakes ERISA Settlement?
No. You can file without a receipt or proof of purchase. You attest that you qualify and submit basic details, though claims are still subject to review and submitting a false claim is a crime.
Is the Land O'Lakes ERISA Settlement notice real, or a scam?
JND Legal Administration is the settlement administrator for this case. Claims are filed at lolerisasettlement.com. Filing a class action claim is always free — no legitimate settlement charges you to claim, and no administrator will ask for payment, a gift card, or your full Social Security number by email or text. If a notice asks for any of those, it is not from the administrator. When in doubt, ignore the link you were sent and go to the official settlement website directly.
When will payments from the Land O'Lakes ERISA Settlement be sent?
Class action payouts typically take 12 to 24 months after the claim deadline, and longer if the settlement is appealed. The final approval hearing for this case is set for November 10, 2022; no payments can be issued before a settlement receives final approval.

Who's involved

Parties and counsel from the public court docket. Listing an attorney here isn't an endorsement, and ClaimWatch isn't affiliated with any of them.

This summary was generated from public settlement documents and may contain errors. Confirm eligibility, deadlines, and payment terms on the official settlement website before filing. ClaimWatch is not a law firm and this is not legal advice. Filing a claim is free.

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