I recently started working for a small company <50 people. The 401k program is self directed through TDAmeritrade. I’ve received 6 paychecks (biweekly), the 401k deposit has only been made for 3 paychecks. They are roughly 6-8+ weeks behind in deposits to this account, there’s other employees with the same issue. Has anyone else had an employer this slow to make 401k deposits? I’m looking for some advice, I’ve contacted HR and numerous people 3x now and get excuses.

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Red flag. I can’t think of an innocuous reason for that, but it could mean they’re having solvency issues. I am reminded of a story I heard once where the employer was withholding federal taxes but not paying them to the IRS, the owners either stealing it or using it for operations. Employees discovered it when they filed taxes the next year and had massive tax liabilities.

While that’s obviously different, I would keep pushing for an answer. Hopefully it’s nothing; maybe just issues if it’s a new 401(k) provider or something.

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Are you saying the last 3 paychecks have had money taken out for 401k? If so can you see your account balance somewhere and verify the amount taken out has gone in? If so I don’t think you should be that worried. It very well just took them a month or so to get you completely set up in the system. I would just be persistent

A check is sent for the entire company at once usually, so employee tenure shouldn't be a factor.

that's an issue - the DOL rules say the withheld money must be deposited as soon as possible but in no event later than 15 days after the month it was withheld (so say any Jan. withholding must be in your account no later than Feb 15) If your employer is taking longer they have to correct this by making up for your lost earnings

https://www.irs.gov/retirement-plans/401k-plan-fix-it-guide-you-have-not-timely-deposited-employee-elective-deferrals

Although if they are sending it but the mail/TD is taking time to process, then they might be in compliance.

This happened to me just before the company went under. Seems the owner was holding on to the money to float the operation. About a year after the company closed, I received a check from an insurance company for all of my missing contributions.

How would that work tax wise - if traditional was the money from the insurance company taxed or did you win out by not paying tax on that money at all?

Update: I got my money 💵 deposited. $5200 just a few weeks late.

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