401K being changed

[plugginaway22]

I received a notice today from my employer that our company 401K plan would be changing 'platform' to I think Nationwide.
We got a list of funds, but they told us that our current funds would be 'mapped' to most similar funds in new set-up.

Anyway, all sounded OK until I start reading about a 30 day 'black out' period when nothing can happen, basically the entire month of November.

Am I being too conservative in thinking about moving it all to a basic money market fund until this all pans out?  Or is this normal for plans to do?

 

[Sharon]

That has happened twice at my employer when they were making changes to the 401K.

[plugginaway22]

Thanks for that link, guess it is more normal than I thought.  To some, it is probably nothing, but it is my 100K that has taken a long time to accumulate!