Nearly 150,000 current and former Kmart employees suffered a combined loss of $100 million in their 401(k) plans when the retail chain store went bankrupt in 2002. The class includes all participants and beneficiaries of the plan from March 15, 1999, through March 6, 2003. They filed a class action lawsuit against their employer alleging Kmart forced workers to maintain the company match portion of their 401(k) in Kmart stock until they reached age 55. Kmart has agreed to an $11.75 million settlement. (Nov-30-05)
[BILLINGS GAZETTE]
Stay Informed
Get the latest on class action lawsuits, settlements & more! Subscribe to our free weekly newsletter.
Get our Newsletter!
Submit a New Complaint
Been wronged by a similar product or service?
Click here to send us your complaint.
Reader Comments
Posted by
Bonita church
on
Bonita church
on
I worked at Kmart in 2000up until 2006so where is my money and I never heard about know law suit help
Posted by
Gavin McAffee
on
Gavin McAffee
on
I work that Kmart in the 2000s. I know I had a 401k I don't know what happened to it. Can you figure it out?
Posted by
Janet Hays
on
Janet Hays
on
Hello, my name is Janet Hays. I worked with K-Mart in Early Texas November 1986 until about 1993. I had 401 with them. My name at the time was Janet L. Smallwood. I would like to find out if I have money in a 401 retirement account through K-Mart. Thank You
Posted by
Patricia williams
on
Patricia williams
on
Worked for Kmart 1994 to 2003 how do I find my 401k never rolled over or cashed oit
Posted by
Robin Stanback
on
Robin Stanback
on
How do I find my 401K and withdraw it? I worked in Greensboro.
Posted by
Cheryl Anderson
on
Cheryl Anderson
on
I worked at Kmart in the year of 1999 and need to know how to find out if I have anything in 401K with Kmart, if so where is my money 💰??
Posted by
Cynthia D Larson
on
Cynthia D Larson
on
I need help to locate my lost 401k from employemnt at Kmart?
What Company can I call ?? I never heard anything on this Class action Law Suit
Thank You Cindy Larson
What Company can I call ?? I never heard anything on this Class action Law Suit
Thank You Cindy Larson
Posted by
Jennifer Mack
on
Jennifer Mack
on
I worked at Kmart in 1990 and had the 401k but never rolled it over I need info of the company they worked with for the 401 k and do I have the right to get my 401 k
Posted by
shelia Fitch
on
shelia Fitch
on
why cant we get eny answers. i worked at kmart from 1988-2014, te;; me about his lawsuit the kmart emplyees won, ive paid in alot to my kmart 401k with kmart matching me. for 26 years. where is my 401k. i ant cash it out and roll in into something else?
Posted by
Denise Fajardo
on
Denise Fajardo
on
I left Kmart as an Employee in 1993. I had participated in the Employee Savings Plan. I still have my statement of account. Is there any way I can get my money or is it just lost?
Posted by
Ninfa Y Cavazos
on
Ninfa Y Cavazos
on
I worked for Kmart #4389 Texas from 1980 to 2002 I quit to go to another job and I never got my 401K I called the Sears Company they told me it was Millennial Trust Company had it I called it wasn’t there then they told me it was Prudencial it’s not there. Can you tell me how do I find out who’s handling Kmart’s 401K please thank you
Posted by
Brandi davidson
on
Brandi davidson
on
My mother had a 401k with Kmart when she passed away in 2004 while working there for over 22 years. My mother was never married and I am her only child. Kmart kept my moms 401k because they said only a spouse can collect an employee’s 401k. Can they really just keep all of my mothers money like that? Or is it to late to do anything about it?
Posted by
James vigil
on
James vigil
on
I also worked at kmar t automotive and I don't think I ever got my 401 k out
Posted by
David Williams
on
David Williams
on
lxxxxxx@gmail.com
I worked for Kmart between the years of 1999-2001 and I’m having a hard time finding my 401k and balance I never rolled it over.
I worked for Kmart between the years of 1999-2001 and I’m having a hard time finding my 401k and balance I never rolled it over.
Posted by
maryellen jaskolka
on
maryellen jaskolka
on
I also work for Kmart in Billerica Mass.and Springhill Florida. mid 1990's and earlier 2000's. The Kmart in Springhill Florida closed so even to find records are going to be hard. I do believe I paid something into the 401k but during a move records were lost.
Posted by
Beverly Joyner-Jenkins
on
Beverly Joyner-Jenkins
on
Hi I worked for Kamari from 2001 to 2007 I can't remember if I rolled over could you help me?
Posted by
Kevin R Fountain
on
Kevin R Fountain
on
I worked Kmart Sears 22years they cheated contribution on 401k stocks didn't received my part
Posted by
maryann st john
on
maryann st john
on
i worked for kmart from 1990 to 2004 didn't roll my 401k over just wondering if you have money coming to me I have moved around a lot since then
Posted by
Julia Sterling
on
Julia Sterling
on
Can someone please help me. I retired from Kmart in 1993, I didn't roll over or cash out my 401k. I need to know the name of the company who managed Kmart 401k in 1993.
Posted by
Patty Perez
on
Patty Perez
on
I worked for Kmart and would like to withdraw my 4 1 k
Posted by
Joann melfi
on
Joann melfi
on
Hello I worked for kmart I riverhead long Island new York from Dec of 1999 to 2004 I never rolled over my 401 plan I had with them I would like to know how I can get my money...cash out my 401 with them who can I contect..
Posted by
Tonya
on
Tonya
on
888-887-3277 Sears holdings benefits center
Posted by
Roberta Bennett
on
Roberta Bennett
on
Hi my name is Roberta Bennett I worked at kmart dc in Greensboro Nc. Im trying to find out who our 401k was with because I didn't roll it over to the place I work now. If youcould help me I would be so Thankful.