I dont have too many specifics but was asked this question.... in general...

If one company is merged/purchased with/by another company and the plans are merged... I was told no but, do the participants of the plan being merged into the purchasing company plan have the option to take a distribution instead of just rolling their balance into the new plan?

I ask because a question came up that maybe the investment choices in the new plan are not desired by the participants of the plan being merged.

Thanks

If the plans are being merged the participants don't have distribution options. Their account will transfer to new plan and stay there until there is a distributable event.

that's what I was told... Thanks