What to do if the payroll company has not been sending in 401k contributions?
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What to do if the payroll company has not been sending in 401k contributions?
We recently discovered that our payroll company has not been sending employee contributions or employer match into our 401k administrator. What’s the best way to solve this problem?
Asked on June 20, 2012 under Employment Labor Law, Florida
Answers:
FreeAdvice Contributing Attorney / FreeAdvice Contributing Attorney
Answered 12 years ago | Contributor
The best way to try and resolve the issue with respect to the payroll company not sending in the employee's 401 k contributions is to have a meeting with the trustee of the 401 k plan at work to discuss the situation with a representative of the payroll company.
By doing such, you should be able to get answers to your questions. If the answers do not meet your satisfaction, your option is to consult with an attorney that practices labor law and/or make a complaint with your local department of labor.
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