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How do I find out who holds my 401k balance.

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??

Nov 30, 2015 by Cathleen in  |  Flag
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Cathleen,

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!

Andy

Comment   |  Flag   |  Dec 01, 2015 from Mendham Township, NJ

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Cathleen,

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?

Nathan

1 Comment   |  Flag   |  Dec 01, 2015
Cathleen

I havent located my money. I have no idea who is hr person.

Flag |  Dec 01, 2015

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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.

1 Comment   |  Flag   |  Nov 30, 2015
Cathleen

Thank you. I called Merrill Lynch last night and they said that they wlll be the new holders of CB&I account effect 1/15/2016 and that TD Rowe? holds the accounts now. So they gave me a phone number and I called them. They did some research and could not find out anything under my name, social security number etc. I am probably sure that I won't be entitled to the whole $17K or more as I might not have been 100% invested. I've tried unclaimed money under my married name and maiden name but nothing. What do I do now? Someone must know something about my money.... Help?

Flag |  Dec 01, 2015

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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.

View all 7 Comments   |  Flag   |  Dec 01, 2015 from Berwyn, PA
Brian

https://www.invesco.com/portal/site/us/investors/accountaccess

Flag |  Dec 01, 2015 near Allentown, PA
Brian

Or this phone number: Within the US
(800) 959-4246

Flag |  Dec 01, 2015 near Allentown, PA

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Brian Kuhn CFP® Level 17

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.

Comment   |  Flag   |  Dec 17, 2015 from Fulton, MD

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