No. of Recommendations: 0
The total trade was worth around $20K and I estimate their error cost me about $170. It was just under a 1% of the trade. Should I complain?

Has anyone ever complained to a brokerage company holding their firm's 401K accounts? Was it worthwhile?
Were there ramifications within the company?



Ask nice first, get progressively tougher if need be.

The brokerage firm has a fiduciary responsibility to any qualified plan to cover any losses that occur due to their mistake(s).
If there is a gain due to errors, they may not take the gain.
If there are both losses and gains attributable to a single error, they may use any gains to offset losses.
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