The judge concluded that the low per-person amount is fair because winning anything more in court could be difficult.

"Today's workforce needs aren't one-size-fits-all anymore, but many small businesses still feel forced into one-size-fits-all benefits," according to the "Small Business 'Bene-Fit' Gap Report from Justworks.

J.P. Morgan survey finds many workers don't know whether they're saving enough for retirement, fueling demand for clearer employer guidance, simpler plan design and financial wellness support.

The company told analysts that the claim dispute process now accounts for more than 1% of plan spending.