Intuit 401(k) Settlement: Payments, Eligibility, and Timeline

The Intuit 401(k) settlement is a $1,995,000 class action resolution of Rodriguez v. Intuit Inc., covering more than 32,000 people who participated in the Intuit 401(k) Plan between January 1, 2018, and December 31, 2021. A federal judge in the Northern District of California granted final approval on November 25, 2025.¹ Payments go out automatically. You do not need to file a claim.

Who Is Covered

The class includes every participant and beneficiary of the Intuit 401(k) Plan from January 1, 2018, through December 31, 2021, who had plan expenses charged to their account during that window. The class exceeds 32,000 people.²

The court certified the class under Federal Rule of Civil Procedure 23(b)(1), which means participation is mandatory. Class members cannot opt out.³

How Much You Will Receive

Individual payments are calculated on a pro rata basis. The settlement administrator adds up the recordkeeping fees deducted from your account during the class period, divides that by the total fees charged across all class members, and applies the resulting percentage to the net settlement fund. The more you paid in plan fees during the class period, the larger your share.³

The net fund is what remains after several deductions from the $1,995,000 gross amount:

Attorneys’ fees and litigation costs of up to $665,000 (one-third of the gross)
A case contribution award of up to $5,000 to named plaintiff Deborah Rodriguez
Settlement administration costs of up to $90,000
Plan recordkeeper expenses of up to $15,000 for gathering class data
Independent fiduciary expenses of up to $25,000⁴

Total deductions are capped at $800,000.⁵ The settlement notice did not specify a minimum payment amount, though one outside analysis noted a floor of $10 per affected participant.⁶

The settlement is non-reversionary. Any unclaimed funds stay in the plan rather than returning to Intuit, which denied all wrongdoing as part of the resolution.³

How Payments Are Delivered

If you still have an active Intuit 401(k) account, your payment will be deposited directly into that account.

If you no longer have an active account, a check will be mailed to your last known address. You must cash it within 180 days. Any uncashed check is voided after that, and the money goes back into the plan to reduce administrative expenses for remaining participants.⁴

Make sure the settlement administrator has your current mailing address if you have left Intuit since 2021.

What the Lawsuit Alleged

When Intuit employees left the company before their employer-matched 401(k) contributions fully vested, the unvested portion was forfeited back to the plan. Plan sponsors have discretion over what to do with forfeited money, including paying plan administrative expenses, reducing future employer contributions, or increasing participant benefits.

Former Intuit employee Deborah Rodriguez filed suit on October 2, 2023, in the U.S. District Court for the Northern District of California, alleging that Intuit chose the option that helped the company rather than workers.⁴ The complaint stated that in 2018 Intuit used roughly $4.7 million in forfeitures to offset its matching contribution obligations while paying none of the plan’s $730,948 in administrative expenses out of forfeitures. By 2021, plan administrative expenses were about $975,000, but only $74,000 in forfeitures went to cover them. Participants had those fees deducted from their accounts.⁷

Rodriguez brought claims under the Employee Retirement Income Security Act (ERISA) for breach of the duties of loyalty and prudence, violation of the anti-inurement rule, and engaging in prohibited transactions. Intuit argued the allocation of forfeitures was a plan-design choice rather than a fiduciary act.⁸ The court denied Intuit’s motion to dismiss in August 2024, and the parties reached agreement at mediation on January 28, 2025.⁹

Approval Timeline

Judge P. Casey Pitts granted preliminary approval on July 15, 2025.² The final approval hearing took place on November 20, 2025, and Judge Pitts signed the final approval order five days later, on November 25, 2025. The same order approved the attorneys’ fees, litigation costs, and Rodriguez’s service award.¹

Contacting the Settlement Administrator

Analytics Consulting LLC is administering the settlement. You can reach the administrator by phone at 877-909-5621 or by email at Intuit401kSettlement@noticeadministrator.com with questions about your payment or to update your address.¹⁰

1
PACER Monitor. Rodriguez v Intuit Inc et al
2
Bloomberg Law. Intuit Gets Nod for One of First 401(k) Forfeiture Settlements
3
Intuit 401(k) Settlement. Frequently Asked Questions
4
Intuit 401(k) Settlement. Rodriguez v. Intuit Settlement Notice
5
NAPA. Terms of Intuit Forfeiture Suit Settlement Unveiled
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MMM Law. What Is an Improper Use of Forfeiture Case Worth
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FindLaw. Rodriguez v. Intuit Inc.
8
PSCA. Intuit Reaches Settlement in Forfeiture Case
9
NAPA. Settlement Struck in Intuit Forfeiture Reallocation Suit
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Intuit 401(k) Settlement. Contact Us