Thread regarding Wells Fargo & Co. layoffs

401K settlement

Got a check for $100 , apparently for the mishandling 401K accounts-did you get yours?

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| 2113 views | | 12 replies (last January 5, 2023) | Reply
Post ID: @OP+1kv7xJMD

12 replies (most recent on top)

There is a second settlement that has not finalized as of yet. This is the one for the “Challenged Funds”. You can find the info here https://wellsfargoerisasettlement.com/. It was to be paid out end of 2022 but final distribution calculations have not been approved yet.

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Post ID: @2cfh+1kv7xJMD

Wait. Did those who closed their 401K (left WF I assume) get a check instead of it adding to your account?

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Post ID: @2thf+1kv7xJMD

My settlement was 263
WTF ?

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Post ID: @2apq+1kv7xJMD

Is there a date WF has to pay out the settlement? I’ve seen nothing so far in account or mail. But had received an email in December saying I was included in the settlement. Thx

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Post ID: @1xdj+1kv7xJMD

Ex-employee here with funds still at Encore. 12/13 settlement deposit, no check.

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Post ID: @1cjs+1kv7xJMD

Received over $700 and it is listed as “settlement”

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Post ID: @1jtk+1kv7xJMD

Check for ex employees, added to account for current employees

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Post ID: @1lll+1kv7xJMD

Got my check since my Empower account was closed. Mine was over $1800.

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Post ID: @1kpc+1kv7xJMD

No check - added to account.

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Post ID: @1zlr+1kv7xJMD

did they send you a check or add it to your account…

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Post ID: @1zmo+1kv7xJMD

https://www.thelayoff.com/t/1khldhh9

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Post ID: @wln+1kv7xJMD

Nope. Can I have yours?

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Post ID: @qle+1kv7xJMD

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