http://www.hrbenefitsalert.com/solutions-to-four-common-401k-errors/ Daily dose of benefits news and know-how Tue, 04 Aug 2009 18:30:38 -0400 http://wordpress.org/?v=abc hourly 1 http://www.hrbenefitsalert.com/solutions-to-four-common-401k-errors/comment-page-1/#comment-889 Linda Tue, 23 Sep 2008 13:13:40 +0000 http://www.hrbenefitsalert.com/?p=172#comment-889 Dear Mr. Meltzer: Our 401(k) plan has termed associates with balances of less than $1000. that we can not find. We have sent a letter to Social Security to forward and received no response. Can we transfer their balances to the state unclaimed-property fund? Thank you in advance for your assistance. Dear Mr. Meltzer:
Our 401(k) plan has termed associates with balances of less than $1000. that we can not find. We have sent a letter to Social Security to forward and received no response. Can we transfer their balances to the state unclaimed-property fund?
Thank you in advance for your assistance.

]]> http://www.hrbenefitsalert.com/solutions-to-four-common-401k-errors/comment-page-1/#comment-244 Ellen Thu, 17 Jul 2008 01:16:25 +0000 http://www.hrbenefitsalert.com/?p=172#comment-244 Dear Mr. Meltzer: I have a situation like #3 above and am trying to assist the employee in getting it corrected. We enroll on line via the 401(k) vendor's website and the employee's enrollment confirmation e-mail would have had his contributions start in May. Instead they didn't start until July, after he contacted them several times to get it straightened out. Now he is attempting to have his May and June contributions deducted after-the fact, matched and deposited in his 401(k) account. The vendor has said no, apparently after conferring with their contact at "Corporate." As a Benefits Administrator at a subsidiary, I need more specific info from the ERISA and IRS regulations that document the solution you describe above, so I can enlighten the contact person at our parent company/Corporate. Can you please point me towards the resources I need? Many thanks in advance for your assistance! Dear Mr. Meltzer:
I have a situation like #3 above and am trying to assist the employee in getting it corrected.
We enroll on line via the 401(k) vendor’s website and the employee’s enrollment confirmation e-mail would have had his contributions start in May. Instead they didn’t start until July, after he contacted them several times to get it straightened out. Now he is attempting to have his May and June contributions deducted after-the fact, matched and deposited in his 401(k) account. The vendor has said no, apparently after conferring with their contact at “Corporate.” As a Benefits Administrator at a subsidiary, I need more specific info from the ERISA and IRS regulations that document the solution you describe above, so I can enlighten the contact person at our parent company/Corporate. Can you please point me towards the resources I need?
Many thanks in advance for your assistance!

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