I've been working for a company as a independent, 'temporary, seasonal' employee receiving a W2 since August 2019. I recently found out that I was eligible to enroll in their 401K plan since October 2019; however, i was never notified until recently (within the last few weeks). Nor was I automatically enrolled in 2022. All along, i believed that I was not eligible due to my employee 'status'. My immediate supervisor was not aware, either. I recently asked my supervisor if I should enroll now, but was advised to wait until HR gets back to us.
It is my understanding that the company is required to compensate me for lost savings. i am highly compensated ($150+ annually), work 40 hrs/per week. In my previous jobs, i always enrolled in 401K and had the maximum allowable contributions, including 'catch up' contributions (I am over 70 years old), and yes, still work full-time.
I'm waiting for HR at the company to get back to me with a resolution. in the meantime, i'd like to try and calculate what the compensation will be--at least be in the ballpark--. Is this something I can do myself?
Thank you
