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Company: Kohler Co.
Current Parent Company:
Kohler
Parent at the Time of the Penalty Announcement:
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Penalty: $2,450,000
Year: 2024
Date: December 4, 2024
Offense Group: employment-related offenses
Primary Offense: benefit plan administrator violation
Secondary Offense: pension ERISA violation
Violation Description: Kohler agreed to pay over $2 million to settle litigation alleging it shortchanged pension beneficiaries by using outdated mortality and interest rate assumptions.
Level of Government: federal
Action Type: private litigation
Court: Eastern District of Wisconsin
Civil or Criminal Case: civil
Case ID: 2:23-cv-01242
Case Name: Holloway et al v. Kohler Co et al
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: USA
HQ State of Current Parent: Wisconsin
Ownership Structure of Current Parent: privately held
Major Industry of Current Parent: building materials
Specific Industry of Current Parent: building materials
Source of Data:
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Link to Archived Court Document:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.