401k Termination Form & Process

Owned by Lauren Graber (Deactivated)
Last updated: Jan 12, 2024 by Lena Azar
1 min read

After my contract has ended, what do I do with my 401k?

Below is a step by step guide on how to terminate your 401k with Epitec


Step 1- Complete the appropriate form (attached below), if you are enrolled in a ROTH plan please complete the ROTH Form. Signature on the form must be in ink. An electronic signature will not be accepted. 

Step 2- Send back the competed form to Epitec for the plan administrator’s signature.

Step 3- Once the form has been signed by both parties Epitec will submit to ADP and send you a confirmation number.

After the form is processed by ADP a check will be sent to the address that you populate on the Termination Form.

Please see below for 401k Distribution Options

  • Lump sum – 20% withholding and any state tax if applicable, 10% penalty applies if under 59.5 (ADP does not withhold the penalty)
  • Rollover - 0% withholding, no penalties. There is a $55.00 distribution fee when rolling money out of the plan
  • Combination of the 2 (lump sum and rollover) – for the portion that is a lump sum, 20% withholding, plus any state tax if applicable and 10% penalty if under 59.5
  • Partial – you do not take out all of the money, some money remains in the plan.


Attached Below are the 401k Distribution Forms and fee information.


Fee Disclosure Form

Roth Termination Form

Non-Roth Termination Form