Friday, September 23, 2005

2004 Profit Sharing: Delayed

I received unofficial word today that the profit sharing contribution to my 401(k) will not be paid at the end of the month. It's a nice chunk of money comprised of a 50% match and a profit sharing piece that I thought would hit my account before Q4.

Oh well. It's a bit of a bummer because I am anxious to get my hands on it and start turning it into more ;) But it's not the end of the world...or the end of the company. We've definitely been struggling with cash flow due to spotty sales and some unexpected (and large) legal fees but things are turning around. It takes a while to bounce back though and I suppose the timeliness of this benefit had to suffer.

Hopefully it will hit my account by the end of October....

1 comment:

  1. but hey, the save-o-meter hit 16%! congratulations!


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