Thread regarding Wells Fargo & Co. layoffs

401 (k) ESOP Settlement

Did anyone receive this today? I didn't see anything reflected in my account yet.


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| 33 views | | 11 replies (last 19 days ago) | Reply
Post ID: @OP+1kyarn204

11 replies (most recent on top)

Well, at least some people are starting to see something. I still have not. I did roll over a portion of my 401k, so maybe I'll be waiting on a check. It sounds like August 13 is the new date, so I'll wait and see.

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Post ID: @2tm+1kyarn204

only got like $50.00 in settlement funds added to my 6-figure 401k.

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Post ID: @1rd+1kyarn204

@1p7 I received $225.78.

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Post ID: @1r6+1kyarn204

@108
i wondered how much i would get and when so just called. getting over $1,000 with check issued on aug 13. long time employee so maybe thats why amount is
higher. i did opt to rollover into my ira by filling out the form before february

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Post ID: @1p7+1kyarn204

they'll mess something up

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Post ID: @15s+1kyarn204

It won't be until August 13. There are about 400k claimants so the distribution is $160 each.

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Post ID: @108+1kyarn204

I haven't seen anything yet. I definitely participated during the time frame, but who knows...

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Post ID: @wv+1kyarn204

Still no settlement money, what is happening?

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Post ID: @tf+1kyarn204

so the esop website said the distribution was made on the 24th. but who knows what that means and when this will
pop into the 401k or in my case i will receive a check since i rolled over into ira.

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Post ID: @h9+1kyarn204

Nope, nothing.

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Post ID: @dw+1kyarn204

Will probably show Saturday morning just like normal contributions.

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Post ID: @af+1kyarn204

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