I have been tracking my 401k in quicken for 5 months now. I noticed that the current balance on my online account never matched my 401k balance in my quicken. There was always a significant 4 figure discrepancy. I went to my company's HR Rep and she basically said that 401k deposits are delayed by approx. 1 month. I checked my online account again and sure enough, my company is deducting 401k amounts biweekly but depositing them a month later. This screws up my account tracking to say the least but moreover half of my 401k deduction money is not being put to use for over a month! I am assuming they are generating interest income off of this money for 30 days and then depositing it in employee's 401k accounts. Is this legal?!!