u/Marfikent

Roughly one month ago I initiated a rollover of my entire 401k (held at Vanguard) to my Traditional IRA (held at Vanguard). I rolled over $3,000,000 but only $300,000 was deposited into my Trad IRA. Long story short, after much conversation with Vanguard over the phone, Vanguard admits to having made a data entry error that effectively shifted the decimal point. They are currently working to deposit the rest. In my 401k, this investment was 100% invested in the S&P 500 and my intention was to reinvest it in the same fund immediately upon receiving the entire rollover amount. As a result of Vanguard's error, this money has spend 2 weeks out of the market, missing out on 4% gains. My key question is: is there any way I can be compensation for this time out of market? What actions can I take? (exact numbers altered slightly)

Roughly one month ago I initiated a rollover of my entire 401k (held at Vanguard) to my Traditional IRA (held at Vanguard). I rolled over $3,000,000 but only $300,000 was deposited into my Trad IRA. Long story short, after much conversation with Vanguard over the phone, Vanguard admits to having made a data entry error that effectively shifted the decimal point. They are currently working to deposit the rest. In my 401k, this investment was 100% invested in the S&P 500 and my intention was to reinvest it in the same fund immediately upon receiving the entire rollover amount. As a result of Vanguard's error, this money has spend 2 weeks out of the market, missing out on 4% gains. My key question is: is there any way I can be compensation for this time out of market? What actions can I take? (exact numbers altered slightly)