How to verify your bank account using micro-deposits while setting up your company’s 401(k) plan

1. If you chose to verify your account using micro-deposits, you will be prompted to enter your account information. Enter the electronic routing number provided by your bank, along with your bank account number and account type and click “Continue”.

2. Monitor your bank account for two small deposits made in the 2 - 4 business days after you provide us your bank account information. They may appear under any of the following labels:

  • WFMSTRIPE1
  • ACH ID 3270465600
  • ACH ID 2270465600
  • ACH ID 1800948598
  • ACH ID 431848772

Please note that depending on your bank, these amounts may appear as one combined deposit. If so you may need to reach out to your bank for the separate amounts.

3. When you have received the deposits, login to your Plan Sponsor dashboard and click “Start” next to the task labeled “Verify your bank account”.

4. Enter the deposit amounts in the popup that appears and click “Verify Bank Account”.

5. If the "Verify your bank account" task does not disappear in your dashboard, please reach out to Onboarding@guideline.com for further assistance.

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