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401K disbursement


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Guest celias
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Employee terminated employment June, 2000. Submitted request for hardship disbursement of 401K 10-17-00. Ex-employer received disbursement check 1-30-01. Repeated requests from both plan administrator, plan representative and ex-employee have been ignored. To the best of ex-employee's knowledge and according to conversations with plan administrator, it is believed that the assets have been liquidated. Additional info.: end of plan yr. for ex-employer: 12-31-01 (due to ERISA quidelines for qualified plans, ex-employer has 9 1/2 mos. to disburse funds from end of plan yr.) However, funds have been taken from plan and are not accumulating any possible benefit from being in that plan. Suggestions to get plan assets disbursed to ex-employee?

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