Conradsiegel
3 Case Studies
A Conradsiegel Case Study
Conradsiegel assisted Eurofins, an international life sciences organization, after an acquisition left them with a two-week deadline to convert a 401(k) plan for 1,500 employees. The challenge was to complete this complex transition, which typically takes months, without any disruption to staff or missing a pay period.
The Conradsiegel recordkeeping team worked around the clock to set up the new plan and implement a comprehensive communication strategy. They developed a unique solution for the seamless transfer of employee funds. As a result, the 401(k) plan was successfully converted within the two-week timeframe, providing a smooth and straightforward process for all employees. Conradsiegel has since continued as a trusted partner for Eurofins through subsequent acquisitions.