Northwest Retirement Plan Consultants, LLC data breach

Clerk's notes

Northwest Retirement Plan Consultants, LLC, operating in Maryland as a provider of third-party administration and consulting services for retirement plans, recently reported a data security incident. Filed on February 28, 2025, with state authorities, this breach involved unauthorized access to systems containing highly sensitive personal and financial information. The incident is currently under investigation, focusing on how internal data archives were compromised.

The breach compromised a comprehensive range of personal identifiers and financial details. The exposed categories include Full Name, Social Security Number, Date of Birth, Retirement Account Number, Financial Institution Routing and Account Details, Mailing Address, Tax Withholding and Compensation Information, and Beneficiary Designation Details. This combination of data types presents a significant risk for identity theft, financial fraud, and unauthorized access to retirement accounts.

As a custodian of sensitive financial and retirement data, Northwest Retirement Plan Consultants, LLC is subject to stringent federal and state regulations, including the Gramm-Leach-Bliley Act and Maryland data protection laws. These regulations mandate robust security measures to protect client information. The occurrence of a data breach indicates a potential failure to maintain these foundational standards of care, which could impact the legal and fiduciary duties owed to plan participants.

Receiving a data breach notification letter from Northwest Retirement Plan Consultants, LLC is a critical event. It formally confirms that your confidential information was exposed due to this security incident. This notification provides the basis for affected individuals to explore their legal options, as the increased risk of identity theft and financial harm is itself a legally recognized injury. You do not need to have already experienced financial loss to pursue a claim.

Our firm is actively reviewing potential claims related to this data breach. If you received a notification letter, you may be entitled to legal remedies. We offer free, confidential case reviews to help you understand your rights and potential next steps. We work on a contingency fee basis, meaning there are no out-of-pocket costs unless we successfully recover compensation for you.

If a notification letter about this breach reached you, see every Maryland data breach on file or browse all cases.