Most of the dust has settled on the Chevron acquisition of Noble Energy. The blackout period for the 401k has ended and employees who were retained by Chevron are now on the Chevron 401k plan. If you didn’t get your Noble 401k moved out prior to the plans combining, don’t worry you still have options.
According to the plan documents you are able to move Noble’s contributions out of the 401k into an IRA. While this is not the full amount, it is something. Rolling your 401k to an IRA has several advantages including, more investment options, better communication with your investment professional, and potentially lower fee’s and costs. That being said, it may not make sense for everyone so make sure and speak with your team of advisors to determine what’s best for you.