I worked for shaw group formerly stone and Webster from 2000-2004. When I was laid off I had 17k as a balance but forgot all about it. Recently I found a atmt but the company listed the phone number didn't work. Now I find out that CB&I purchased Shaw Group. I have no idea who ho,ds the acct, if I have any money left. I got married and my address changed and thus I haven't received and stmts. help??
Since there have been company acquisitions, I suggest that you reach out to Thomas Feltes, HR Director, at CB&I. HR should be able to review your past employment, confirm if you were vested in the retirement plan, and assist you in who to contact next. Good luck!
Since you have located the money it sounds like it is being transferred over to Merrill Lynch. I would update your contact information with Merrill Lynch and also with T. Rowe. Since the money is being moved it may be in a black out period where you can't make any adjustments to the investments or roll it out.
Your former HR director can provide you with a plan summary outlining a vesting schedule and more. I would hand off this information to your financial advisor to help you do a trustee to trustee transfer to a new IRA after January 1st.
Does this make sense?
I would call Bank of America Merrill Lynch. I believe they are the 401k plan administrator for Chicago Bridge & Iron. Once you talk to them, they should at least be able to point you in the right direction.
After that, the big question is what your goal is with the money you've built up. Feel free to message me or one of the many other advisors on this site for more help.
Well, the money doesn't just disappear. I would try calling the HR dept and find some better numbers to call. If your balance was "forced out" due to the merger, there must be a paper trail showing what institution is now the custodian of your assets.
Thanks for your submitting your question. Brightscope is an aggregator of retirement plan information however does not handle your employer or former employer’s retirement plan specifically. If you still have the contact information of the person who handled anything to do with human resources at the company that would be your first place to start for the information you are looking for. Additionally if you run into further setbacks here is a link to an article I wrote on tracking down a 401(k) http://www.brightscope.com/financial-planning/advice/article/24529/10-Ways-To-Find-Your-Old-401K/ I hope all of this helps. Feel free to reach out directly or contact other advisors who post an answer to your query as I’m sure one of us can help. See tax assistance as well to understand the rules there if you make any transactions on your account.