- Report: #959400
Complaint Review: PAI - De Pere Wisconsin
Reported By:
Cheryl -
Columbus, Ohio, United States of America
Submitted:
Updated:
-
Author Not Confirmed
Why?
PAI
1300 Enterprise Drive De Pere, 54115 Wisconsin, United States of America
Phone:
920.337.9906
Web:
Categories:
Business Rating:
(0)
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PAI 401(K) Account De Pere, Wisconsin
As of June 2012, my account balance was $60.10, today October 24, 2012 the account balance is $48.10.
My account has been dormant since 2006. My account was not charged any fees from 2006 to July 2012 and company instituted new rules to assess fees on accounts. A representative from Pai, call me (August 2012), to inform me that she was sending me papers to release the fund from this account. I received forms that indicated that funds would be release to the company (PAI) not to me. Then, I received another letter that indicated that since the balance was $50 at this time that they would charge me half of the $50.00 for processing distribution ( my balance is decreasing every month). However, the processing fee for other distribution of any amount is $50.00.
So, they (PAI) are charging me $24.00 processing fee and is going to send me $24.00.Please check out this company before investing.
My account has been dormant since 2006. My account was not charged any fees from 2006 to July 2012 and company instituted new rules to assess fees on accounts. A representative from Pai, call me (August 2012), to inform me that she was sending me papers to release the fund from this account. I received forms that indicated that funds would be release to the company (PAI) not to me. Then, I received another letter that indicated that since the balance was $50 at this time that they would charge me half of the $50.00 for processing distribution ( my balance is decreasing every month). However, the processing fee for other distribution of any amount is $50.00.
So, they (PAI) are charging me $24.00 processing fee and is going to send me $24.00.Please check out this company before investing.
