Complaint information
  • Author: Cheryl
  • Date: 10.24.2012
  • 0
 (Votes #: 0)
10.24.2012

PAI
401(K) Account

This is a Complaint / Review about PAI.


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.


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Complaint author: Cheryl

Offender: PAI

Country: USA
State: Wisconsin
City: De Pere
Address: 1300 Enterprise Drive
Phone: 9203379906
Site: [email protected]

Category: Shops, Products, Services

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