Centennial, Colo.-based FlightSafety Services Corp. and a subcontractor Delaware Resource Group of Oklahoma aren't admitting any wrongdoing in agreeing to the settlement. Documents filed Monday in federal court in Denver said the companies settled to avoid litigation.
Michael J. Sipos started working for FlightSafety in 2006 at McGuire Air Force Base in New Jersey, and Gary D. Smith started working for FlightSafety in 1990 at Westover Air Reserve Base in Massachusetts. They alleged they weren't allowed to make "catch up" contributions to their 401(k) plans or receive matching contributions that they missed while they were on military leave.
Under the settlement, they can make the contributions and receive matching contributions.