John,

My fiancée, who is a financial planner, may be able to help you or anyone
else who needs financial advice.  If you wish to speak with her directly,
please e-mail me off-list and I'll get you her contact information.

Cordially,

Paul Pallansch
Dioramist,
Up-Close Realism

----- Original Message -----
From: "John Martinson" <[log in to unmask]>
To: <[log in to unmask]>
Sent: Monday, July 16, 2001 10:59 PM
Subject: 401K Nonprofit Organizations


> Do any experts on nonprofit organizations know the law or regulations for
a 401K program for a museum organizations?  For example, we have our
personal money going into a 401K account, and the organizations matches up
to 3% of our gross income.  We, however, have not received a statement or
any feedback from our accounts since last August or September (2000).
>
> I believe it is the museum's responsible to report 401K contributions to
the government as well as to the contributing staff members.  How can a
staff member know their contributions or where to shift monies if they
cannot see their account?
>
> With last years great downdrop in the stock market, we lost much because
we were not able to pull out or change or options.  I think some ethical
questions are at stake, and the museum itself can be responsible for this
can't they?
>
> Any suggestions?
>
> Best,
>
> Concerned 401K staff members
>
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