Monday, October 06, 2008

A transition period for our 401(k) Plan

A transition period for our 401(k) Plan that's been scheduled for months began on Friday afternoon, October 3. During this period, participants will not be able to access or change their accounts, either online or via the 800 number.

We've checked with the administrator, and it's unlikely this transition will last more than a few days. Mass Mutual has promised to expedite the process, and we'll send out another e-mail and post here when participants' accounts are back online.

If you were a participant in the Animation Guild 401(k) Plan as of last month, you received a letter in early September from Mass Mutual discussing this transition. A copy of that letter can be found here.

If you have any questions, please contact Marta Strohl-Rowand at (818) 766-7151.

2 comments:

Bob Harper said...

You can access it now - I suggest everyone checking in on it since I lost about $2,000.00 during the transition.

Jeff Massie said...

As of Thursday morning, about 98% of the accounts are back online.

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