Plaintiffs in DST Systems 401(k) suit awarded $79 million Getty Images Participants in a DST Systems Inc. 401(k) plan secured a $79 million payment to settle ERISA complaint against the plan, a mutual fund provider and the former CEO for the provider. The proposed settlement, which requires court approval, was filed Jan. 8 in a New York City federal district court. The original complaint, filed in September 2017, accused the defendants of pursuing "an exceptionally imprudent investment strategy with respect to a significant portion of the plan's assets." The complaint said the defendants "failed to adequately monitor the investments of the plan and the fiduciaries," causing participants to lose "well in excess of $100 million."