The terms of a settlement between Invesco and a participant in its 401(k) plan have been announced—and there's an interesting twist we haven't seen before. The suit, filed in 2018 by participant-plaintiff Diego Cervantes in the U.S. District Court for the Northern District of Georgia, alleged a number of issues that have been raised in similar lawsuits: that defendants failed to use their leverage as a large plan to reduce costs for the benefit of plan participants, and that they offered inferior performing proprietary retail shares (which benefited the sponsoring company) rather than better performing institutional class shares. For all that boilerplate argument, this suit was unusual in that it contrasted the number of investment options available in the Invesco plan with the 10-15 options available in the typical 401(k) plan.