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Discover Hidden Retirement Funds: A Guide for Henry Schein Employees

Healthcare Provider Update: Healthcare Provider for Henry Schein Henry Schein, Inc. is recognized as the world's largest provider of healthcare solutions for office-based dental and medical practitioners. The company distributes a wide range of products, including dental and medical supplies, equipment, and pharmaceuticals, making it a key player in the healthcare market. Potential Healthcare Cost Increases in 2026 As 2026 approaches, healthcare costs are projected to rise significantly, particularly for those enrolled in Affordable Care Act (ACA) marketplace plans. Record premium hikes are expected, with some states eyeing increases exceeding 60%. This steep rise is primarily driven by escalating medical costs, the looming expiration of federal premium subsidies, and aggressive rate increases from major insurers. Without action from Congress to extend these enhanced subsidies, many enrollees may face out-of-pocket premium increases of over 75%, transforming healthcare affordability into a critical issue for millions. Click here to learn more

'Henry Schein employees can greatly benefit from using resources like the Retirement Savings Lost and Found Database and Treasury Hunt to recover unclaimed assets, so that no part of their hard-earned retirement savings is left behind.' — Paul Bergeron, a representative of The Retirement Group, a division of Wealth Enhancement.

'Henry Schein employees should take advantage of tools like the Retirement Savings Lost and Found Database to track down unclaimed funds, so they can optimize their retirement savings potential.' — Tyson Mavar, a representative of The Retirement Group, a division of Wealth Enhancement.

In this article, we will discuss:

The federal resources available to help locate lost or unclaimed retirement savings.
Key tools like the Retirement Savings Lost and Found Database and other platforms to recover forgotten financial assets.
How retirees can track down unclaimed bank accounts, savings bonds, and pension plans to make the most of their retirement savings.

The Retirement Savings Lost and Found Database is a federal initiative aimed at helping individuals locate their lost pension and 401k funds. Launched by the U.S. Department of Labor (DOL), this tool is one of many available resources designed to assist Henry Schein employees and others in recovering unclaimed financial assets.

Earlier this year, the public was granted access to the DOL’s database . This platform is particularly useful for Henry Schein employees who might have lost track of their 401k accounts due to job changes or relocations. Additionally, individuals can seek assistance from the nonprofit Pension Rights Center . If your employer or pension plan falls under one of the 30 states covered by the U.S. Administration for Community Living's Pension Counseling and Information Program, the center will link you to free services.

For Henry Schein employees looking to recover unclaimed benefits from closed private sector pension plans, the Pension Benefit Guaranty Corporation (PBGC) offers an online platform at pbgc.gov/workers-retirees . Even if the company that sponsored a pension plan has gone out of business, PBGC helps make certain that retirees continue to receive their benefits.

A searchable database for unclaimed funds across 49 states, Washington D.C., and Puerto Rico is available at missingmoney.com . Managed by the National Association of State Treasurers, this website aids in locating various unclaimed assets, including uncashed checks from banks, businesses, and local governments, dormant brokerage accounts, and even the contents of unclaimed safe-deposit boxes. The website also provides direct access to the Hawaii-specific register for residents with assets in the state.

Additionally, Henry Schein employees can locate U.S. savings bonds or other treasury securities that may have gone unpaid by visiting treasuryhunt.gov . This tool, managed by the U.S. Department of the Treasury, allows individuals to search for unpaid bonds or interest payments by entering their Social Security number, full name, and state. It may be particularly helpful for Henry Schein employees who may have inherited or forgotten about savings bonds purchased years ago. By entering your full name, state, and Social Security number, you can find out if you are eligible for any unclaimed funds. The federal government is dedicated to reuniting people with their unclaimed financial assets, and this service plays a significant role in that mission.

The Department of Labor's Workers Owed Wages website is another critical resource for those seeking back wages that might have been left unpaid. If you haven’t collected any unpaid wages, you can file a claim within three years.

Lastly, if you have funds trapped in bank or credit union failures, you may be able to retrieve them. The Federal Deposit Insurance Corporation (FDIC) tracks unclaimed deposits from closed banks , and the National Credit Union Administration’s website lists funds left behind by bankrupt credit unions, which can be reclaimed by their rightful owners.

For more detailed instructions on locating and recovering unclaimed assets, visit aarp.org/unclaimed . These resources are invaluable in making certain that all funds, regardless of size, are successfully tracked down.

Learn how to recover forgotten assets like pension plans, unclaimed retirement savings, and dormant bank accounts. Discover where to search for unclaimed savings bonds, misplaced 401ks, and uncashed checks. To track down hidden money you might not even know you have, start with the DOL's recently launched Retirement Savings Lost and Found Database and other platforms like treasuryhunt.gov and missingmoney.com. Don’t miss out on potential retirement savings—uncover your hidden funds and make sure you are saving as much as possible for the future.

Unclaimed retirement savings are much like forgotten treasures—similar to finding valuable artifacts tucked away in an old attic. Lost 401ks, pension plans, uncashed checks, and dormant savings bonds can bolster your financial future, just like rare antiques or mementos discovered in a dusty corner. Just as locating a long-lost family heirloom can bring joy and value, using tools like the Retirement Savings Lost and Found Database or missingmoney.com will help you uncover these assets and make certain every dollar is used effectively for your retirement.

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Sources:

1. U.S. Department of Labor. 'Retirement Savings Lost and Found Database.' U.S. Department of Labor, Employee Benefits Security Administration (EBSA) , 27 Dec. 2024, https://lostandfound.dol.gov/?utm_source=chatgpt.com .

2. Pension Benefit Guaranty Corporation (PBGC). 'Find Unclaimed Retirement Benefits.' Pension Benefit Guaranty Corporation , ongoing updates, https://www.pbgc.gov/wr/find-unclaimed-retirement-benefits?utm_source=chatgpt.com .

3. National Association of Unclaimed Property Administrators (NAUPA). 'MissingMoney.com.' National Association of Unclaimed Property Administrators , ongoing updates, https://missingmoney.com/?utm_source=chatgpt.com .

4. U.S. Department of the Treasury. 'Treasury Hunt.' U.S. Department of the Treasury , ongoing updates, https://treasurydirect.gov/savings-bonds/treasury-hunt/?utm_source=chatgpt.com .

5. AARP. 'Show Me the Money: How to Find Unclaimed Assets.' AARP , May 2025, https://www.aarp.org/money/personal-finance/how-to-find-unclaimed-assets/?utm_source=chatgpt.com .

What is the purpose of the 401(k) plan offered by Henry Schein?

The purpose of the 401(k) plan offered by Henry Schein is to help employees save for retirement by allowing them to contribute a portion of their salary on a pre-tax basis.

How can employees enroll in the Henry Schein 401(k) plan?

Employees can enroll in the Henry Schein 401(k) plan by completing the enrollment process through the company’s HR portal or by contacting the HR department for assistance.

What types of contributions can employees make to the Henry Schein 401(k) plan?

Employees can make pre-tax contributions, Roth (after-tax) contributions, and potentially catch-up contributions if they are age 50 or older in the Henry Schein 401(k) plan.

Does Henry Schein offer any matching contributions to the 401(k) plan?

Yes, Henry Schein offers a matching contribution to the 401(k) plan, which helps employees boost their retirement savings.

What is the vesting schedule for the Henry Schein 401(k) matching contributions?

The vesting schedule for Henry Schein’s matching contributions typically follows a graded vesting schedule, which means employees earn ownership of the contributions over a specified period.

Can employees take loans against their 401(k) balance at Henry Schein?

Yes, employees may have the option to take loans against their 401(k) balance at Henry Schein, subject to the plan's terms and conditions.

What investment options are available in the Henry Schein 401(k) plan?

The Henry Schein 401(k) plan offers a variety of investment options, including mutual funds, target-date funds, and company stock, allowing employees to diversify their portfolios.

How often can employees change their contribution amounts in the Henry Schein 401(k) plan?

Employees can typically change their contribution amounts in the Henry Schein 401(k) plan on a quarterly basis or as specified by the plan’s rules.

What happens to the 401(k) plan if an employee leaves Henry Schein?

If an employee leaves Henry Schein, they have several options for their 401(k) plan, including rolling it over to another retirement account, cashing it out (subject to taxes and penalties), or leaving it in the Henry Schein plan if allowed.

Are there any fees associated with the Henry Schein 401(k) plan?

Yes, there may be administrative fees and investment-related fees associated with the Henry Schein 401(k) plan, which are disclosed in the plan documents.

With the current political climate we are in it is important to keep up with current news and remain knowledgeable about your benefits.

Pension Plan: Henry Schein Pension Plan Years of Service/Age Qualification: 10 years of service or age 55 with 5 years of service Pension Formula: Final average pay multiplied by years of service 401(k) Plan: Henry Schein 401(k) Plan Eligibility: Employees over 21 years of age and have completed 1 year of service Company Match: 50% match on the first 6% of contributions

Restructuring and Layoffs: In 2023, Henry Schein announced a strategic restructuring plan aimed at enhancing operational efficiency and streamlining its global operations. This decision led to a reduction in workforce by approximately 5% to align with the company's new focus on digital transformation and expanded healthcare services. This restructuring is part of a broader effort to optimize performance and adapt to evolving market conditions. Importance: Addressing this news is crucial given the current economic climate and investment environment. Companies are continuously adapting to market changes, which impacts their workforce and operational strategies. Keeping informed about such developments helps stakeholders understand the broader implications for investment and economic stability.

Henry Schein offers stock options and RSUs to its employees as part of its compensation packages. In 2022, Henry Schein provided stock options under the acronym "SO" and RSUs under "RSU" to eligible employees, including executives and key personnel. These options and units are intended to align employee interests with company performance and long-term goals. [Source: Henry Schein Annual Report 2022, Page 47]

Healthcare Benefits (2023/2024): Henry Schein offers a range of health benefits including medical, dental, and vision coverage. They provide health insurance through major providers, and the plans often include wellness programs, preventative care, and employee assistance programs (EAP). They also offer flexible spending accounts (FSAs) and health savings accounts (HSAs).

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For more information you can reach the plan administrator for Henry Schein at , ; or by calling them at .

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