What to Know
This week, McMinnville School District learned that Carruth Compliance Consulting, the third-party administrator of MSD’s 403(b) and 457(b) retirement plans, experienced a data security incident on December 21, 2024. The affected information at Carruth may include employees’ names, Social Security numbers, financial account information, driver’s license numbers, W-2 information, medical billing information (but not medical records), and tax filings.
The Carruth Incident potentially affects all current and former MSD employees dating back to 2008 who have registered for 403(b) or 457(b) retirement plans through Carruth.
Carruth reported that upon learning of the Incident, they began working with third-party specialists to investigate the activity and notify the Federal Bureau of Investigation. Carruth also engaged a sub-contractor to process information coming in from its clients. In the foreseeable future, Carruth will not process any further retirement account transactions from MSD employees.
Carruth is offering free credit monitoring and identity restoration services to all individuals who may have been affected by the Incident. To enroll in these services, call 877.720.7895. We have requested that Carruth directly notify each affected employee, but you can enroll in the services before receiving an “official” notification letter. We also encourage you to monitor your retirement accounts and consider obtaining a free credit report and placing an initial or extended fraud alert and/or a credit freeze on your credit file at no cost to you.
More information about these steps is available on the here, and more information about the Carruth Incident can be found on the Carruth website.
We know receiving this information may be stressful. Please know we are working with Carruth, its insurers and others to understand the full scope of the incident, to ensure all affected employees will be directly notified, and to ensure Carruth is taking appropriate steps to mitigate the impact on our employees.