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re: Company forgot to offer me 401k when I qualified now they're giving me $ explain

Posted on 4/20/11 at 8:52 am to
Posted by WJohn12
EBR
Member since Apr 2010
295 posts
Posted on 4/20/11 at 8:52 am to
College job man, we were never supposed to qualify. (No paid holidays or sick, but could call in whenever) The firm had turnover early on in my tenure in the accounting area then it was outsourced. Then whoever was supposed to do HR got shuffled around. So they just forgot about me in the shuffle. I would have contributed and did for all of a paycheck or two.

It was a total clusterfrick.

It is a profit sharing plan though, they did away with the match portion though. So could the extra cash have been my portion of the profit share, and will it continue as long as my plan is there? I'm 40% vested.
Posted by yellowfin
Coastal Bar
Member since May 2006
97792 posts
Posted on 4/20/11 at 9:38 am to
quote:

and will it continue as long as my plan is there?

It shouldn't, but it sounds like they fricked up and forgot to take you off just like they forgot to add you
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