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When a company transitions 401k providers, and funds are being mapped over, do the funds stay invested throughout the entire process? Or are there typically a few days out of the market? Cont...

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Usually the funds are out of the market for one day. They have to be liquidated and wired over as cash.

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This plan moved to a new custodian, but was primarily staying with the same fund family for most positions, just moving to less expensive share classes. A to R4. There are a handful of new funds on the new platform as well, but only about 8-10.

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Funds are out of the market for a few/several days. Funds are not reinvested after wire receipt until the recordkeeper reconciles plan data. It’s stays in cash until records are signed off. Even with same fund family lineup there is liquidation and repurchase. This is typical for 401k plan conversions and only an issue when the market swings in the interim. Of course this is communicated the the plan sponsor in advance.

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