Thread regarding Honeywell International Inc. layoffs

@ae70 Reach out to an individual HR person that is in the specific location of your father. Use linkedin to figure out who that is, if you need to. If that location is closed, reach out to someone else in the same business group and within the state

My father started his career at allied signal/JPL in 1967 & every company worked for since has become part of Honeywell in sequence of who my father was working for as communication engineer for aerospace. He retired while working for DSN his employment was 50yrs of unbroken employment in his field. He passed in 2021 & I can’t get his employment record to determine if the plans he participated in & the benefits owed were continued through the changes of ownership or if other accounts were opened for his old plans that new company wouldn’t adopt into their plans. He had 3 401k accounts from 3 different company’s which isn’t uncommon but the companies are are Honeywell now. His Honeywell 401k also held Hon company stock. His Estate liquidated the 401k accounts & probated the proceeds to increase their admin fees & no taxes were withheld or have been paid by his Estate. I am the beneficiary of his Trust & I’m stuck with a heeeffftttyy tax liability & think his Estate has been less than honest during administration with other assets. I haven’t been able to get his employment records or stock ownership records from EQ, Fidelity or anyone else but he owned the company stock that I have now. Can anyone explain how employee plans & benefits are treated through mergers acquisitions & changes of ownership & how stock options from same events are recorded & by who. My father’s Estate refuses to account and probate court has no consequences for not complying other than removal & they already resigned. Where can I get my fathers employee benefit & Shareowner records?

This is the OP - finally, five and a half weeks after the Honeywell and Garrett stocks showed up at EQ the Resideo stock arrived. Unbelievably messed up.

what do you expect from Honeywell? they find ways to do it better [for the BOARD] and cheaper [less to poor service ] for the employee.

This is the OP - the transaction with the Resideo stock was not within the 401(K) - it was transferring the stock out of the 401(K) in a NUA/rollover transaction and the stock has not shown-up where it was supposed to go. It is "lost" somewhere between Fidelity (the 401(K) administrator) and EQ (where the stock was to go) because of some problem at either Fidelity or the stock transfer agent for Resideo - EQ has not received the stock.

I'm a retired employee. Two days ago I moved the Resedio stock to the 401k bond fund. As far as I can tell everything worked out OK.

As part of the 401(K) roll-over the spin-off stocks can be distributed in kind to the IRA, or outside the IRA if you are doing a Net Unrealized Appreciation (“NUA”)transaction. Once received the stocks can be sold, either within in the IRA or outside the IRA if they were distributed via the NUA.

The Garrett stock was handled properly (I received it), but the Resedio stock was not. I did not have any AdvanSix stock since that was automatically folded back into the Honeywell stock fund prior to the 401(K) rollover.

I'm a current employee in the Honeyhell stock program. The 2 spin off stocks now appear in my protfolio. If I do nothing at a predeterminde date the stocks will automatically roll into Honeyhell at whatever value they have become. If I want to I can at anytime before then I can roll them into Honeyhell, or any other available option, I think, at the current value. You can't retain or sell directly the 2 spin off stocks.