HELENA, MONTANA – – The Roman Catholic Diocese of Helena has filed a bankruptcy reorganization plan that proposes a $16.4 million settlement for hundreds of people who said clergy members sexually abused them while the church covered it up.

The plan, filed late Monday, calls for the 362 victims identified in two lawsuits to receive a minimum payment of $2,500. An abuse claims reviewer will determine the actual payment based on the severity and long-term effects of the abuse. The plaintiffs’ attorneys and any future abuse claims also will be paid out of the trust.

Insurance companies will contribute $14.4 million while the diocese is asking the court’s approval for a $3.5 million loan so it can contribute $2 million to the trust and cover administrative expenses and operating expenses.

The plan was reached through mediation, but still must be approved by the creditors.