Deleting a closed 401K account. Should I care? Conflicted because I need to add in a new 401K investment with same Financial Instiution. Tips and comments welcome?
So while employed with my old employer, they switched Financial Institutions and everything rolled over from ADP to Fidelity. Not a big deal. Set up the new account with Fidelity, changed the ADP to closed and never looked back.
However, I've now left the job and my new employer has ADP as the 401K plan. I'd like to include it in Mint, but know how Mint likes to consolidate the institutions assuming you only have one account with each. So now what do I do? I'm thinking of just DELETING the ADP account and not looking back. Do I care how many deposits to each fund for legacy knowledge? Or the contributions of the employer vs my contributions?
Similarly, I rolled over an old 401K plan to a rollover IRA plan with different accounts/employers. Same concept. Do I care about the old one? Honestly I'm just keeping track of the investments for my "Retirement goal" which is some astronomical number anyway. I haven't needed to look at trends or budgets like I do with the Credit card transactions.
Just curious what other people think or have done in similar scenarios. I feel like there's no loss to deleting old 401K accounts (especially since I need to apply my new one in there now). Thoughts? Comments?