Curious if anyone has received their 401k settlement deposit. If so, are you still an active employee, or are you a past employee with a still-active Empower 401k.
12 replies (most recent on top)
@qr
yes the deposit has beeen delayed from june to july--- we will see what happens next week
Thank you for the info! The last I heard, someone on this board mentioned 6/22.
i believe you are talking about the class action settlement. the website says approx date for distribution is 7/24-- so it has not happened yet. i am no longer with the bank and will get a check. there was an option to classify that as a rollover with a form due 2/26,
@c4+1kxdz5pcz That’s very helpful, thanks for the info!
Dividends often don’t appear as individual transactions in 401(k) account activity because retirement plans use unitized accounting where dividends are automatically factored into the daily share price, or the investments are structured as Collective Investment Trusts (CITs) where dividends are rolled directly back into the fund's net asset value without being explicitly distributed
Why don’t dividends show in our 401k account activity (except for the WF common stock)? Most of the mutual funds should have dividends.
It's only about 150-250 bucks
Just enough for a meal at The French Laundry
:)
Ballpark amount of the payments?
Still have never heard of Google huh? Co-pilot is going to BLOW YOUR MIND when you get there in 25 years..
Care to elaborate on this very vanilla post? People - If you post here, please start providing relevant details as these vague posts do nothing.
Approximate Disbursement Date
7/24/2026
Nope.
Only bi-monthly contributions and the 6% match showing in Transaction History