MMC Benefits Handbook
Moving Money Among Notional Investment Options
You may move all or portions of your existing account balance that is not notionally invested in notional shares of Marsh & McLennan Companies stock to any or all of the other notional investment options offered by the Plan.
There are two ways in which you can move your existing diversifiable balance:
- fund reallocation: A fund reallocation is a rebalancing of the portion of your account that is not notionally invested in notional shares of Marsh & McLennan Companies stock. You specify the percentages you want in each notional investment option. You may limit the reallocation to the value of your employee deferrals or the value of your Company Credits; provided, however, that your reallocation may not include any amounts notionally invested in notional shares of Marsh & McLennan Companies stock.
- fund to fund transfer: A fund to fund transfer is a transfer from a specific notional fund into one or more specific replacement notional fund(s). This includes specific dollars, shares or percentages.
Reallocations of balances among funds or fund-to-fund transfers are limited to one per calendar month. If your election is made by 4 p.m. Eastern time, the change will take effect the same day. Remember that once amounts are notionally invested in notional shares of Marsh & McLennan Companies stock, they may not be transferred or reallocated to any other notional investment option. If you are an active employee, go to Colleague Connect (https://mmcglobal.sharepoint.com/sites/Home). Select Pay & Benefits, and click My Pay & Benefits, select Transamerica under Savings & Financial Planning. If you are a terminated employee, go to https://careers.marshmclennanmc.com/global/en/us-benefits and select Transamerica.
If you have a valid email address on file, you will receive a confirmation statement via email; otherwise, it will be mailed to your address on file generally within two business days of processing.
Please be aware that excessive exchange activity (inclusive of transactions within personal brokerage accounts and retirement accounts), including any transactions you initiated based on recommendations you receive from the Edelman Financial Engines Online Advice service or any other advice service, may result in a limitation being placed on your account for exchanges in and exchanges out activity (no new deferrals or exchanges allowed for the fund). If it is deemed that any of your transactions within the Marsh & McLennan Companies 401(k) Savings & Investment Plan, Marsh & McLennan Agency 401(k) Savings & Investment Plan, Supplemental Savings & Investment Plan and Cash Bonus Award Voluntary Deferral Plan involve market timing you will receive communication notifying you of this determination. The recordkeeper is responsible for providing fund managers with aggregate participant trading information (sent via secure transmission and used only for the purpose of monitoring excessive trading) and for enforcing any trading restrictions/suspensions imposed. Please read the fund prospectuses for more information.
The timing of particular transactions may vary in the event of extraordinary circumstances.