Notifications concerning a recordkeeper change were mailed to all Participants in June 2016 from the Indiana Pipe Trades Defined Contribution Pension Plan (IPT). The notification advised that the recordkeeper would change from McCready & Keene (MCAK) to Nyhart in August 2016.
MCAK recently mailed statements to Participants showing the account activity, during the third quarter 2016, while the IPT was with MCAK. The statements include the beginning balance, activity in the account while the IPT was still with MCAK, and a “transfer out” leaving the accounts at a zero balance.
Within the next few days another statement will be mailed to all Participants showing the account activity, during the third quarter 2016, after the IPT changed to Nyhart. It will include your beginning balance as zero, activity in the account after the IPT changed to Nyhart, and a “transfer in” (which is the amount “transferred out” from the MCAK statement) leaving you with your account balance as of September 30, 2016.
We apologize for any confusion this has caused and please free to contact the IPT office should you have questions or concerns at Sandy Reece or (812) 877-3588.
In addition, access to the Nyhart Participant website is as follows:
Username: Your Social Security Number
Password: Your Date of Birth (MMYY format)
(for example, 2/6/1967 would be 0267)