Thread regarding Xerox Corp. layoffs

401k match deadline is today and still no match posted

Today is their 401k match deadline and big surprise. Still no match showing up for me.

Did anybody get theirs??

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Post ID: @OP+13hk0Rvx

13 replies (most recent on top)

Mine ended up showing on Saturday in Prudential. Good to go. I was the one that started the thread by the way.

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Post ID: @3nxf+13hk0Rvx

The letter I received said company match is $.50 to your $1.00 up to 6% of eligible pay

And when I used the online calculator its comes out to 3% if I’m looking at dollar for dollar

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Post ID: @2osf+13hk0Rvx

I received a 3% match for 2019 on 1/29/20 however the latest 401k email says we get a 6%match. I’m going to ask when the 6% started...I don’t remember an announcement that it was raised from 3 to 6, just an email that said it was currently 6. I sure wish I didn’t have to play detective to make sure I’m getting all my money. Shady @$$ company.

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Post ID: @2pux+13hk0Rvx

I’m at an XBS core and I looked and the match is there dated 1/31.

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Post ID: @1nqb+13hk0Rvx

Stock market was down 600 points today, so consider it a blessing if it doesn't show up until 2/1/20. It means you get to buy in at a lower number.

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Post ID: @1cwg+13hk0Rvx

Don’t be confused- XBS 401k is not posted on BenefitsWeb, it’s on the Prudential retirement website, however Xerox 401k Is on BenefitsWeb.

I was told XBS’s will be visible Saturday morning but I bet it will be Monday.

I heard the stock market dropped today - So is that a good thing our funds weren’t in there?

I know the Xerox has to fund our accounts - that’s not optional, but I know from past employer there was a always a delay in the money showing in the account.

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Post ID: @1alf+13hk0Rvx

Yes, I received mine. Check the contribution tab in Benefits web and it will show you contributions and a separate area for company contributions.

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Post ID: @nun+13hk0Rvx

Agree with @mzp+13hk0Rvx
I see 2.9% company match in the Benefits web portal in the savings / 401K area

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Post ID: @msp+13hk0Rvx

I think you all may be seeing a lot of transfer ins and outs on the 29th and may be confusing it with a contribution. So you guys are seeing a CONTRIBUTION on the 29th in your prudential?

I see a bunch of fund changes on the 29th but no contribution.

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Post ID: @dsb+13hk0Rvx

I saw it in my Benefits Web / 401k area.

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Post ID: @mzp+13hk0Rvx

To the ones that got it 2 days ago does it show on your paystub as well? I don’t see a match on my stub either.

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Post ID: @lmq+13hk0Rvx

I got mine 2 days ago

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Post ID: @xwd+13hk0Rvx

Yes - 401k match posted on Jan 29, 2020

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Post ID: @qej+13hk0Rvx

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