Legal Question in Employment Law in California
Contributions to 401K never made
I have been employed since '01 and am leaving my employer this month. I found my original offer letter which indicated 10% of my salary would be contributed to my 401K. The company had a few very rough years and no contributions have been made since '02. (outstanding are 03, 04, 05 and 06). What ground do I have to stand on to ask that they be contributed now? Is there a statue of limitations? And aren't there deposit limits for each year? I'm owed over $18K.
2 Answers from Attorneys
Re: Contributions to 401K never made
If you agreed to the job with the understanding that the contributions would be made, then you have a cause of action fo breadh of contract. Call me directly. 1.619.222.3504.
Re: Contributions to 401K never made
Depending on what, exatly was stated, and other facts, this may have been a contract to provide you the funds and you may be due them.