It will stay with the same 401k plan custodian as before until either you move it or Quiktrip closes down that entire 401k plan. Generally speaking, transferring old 401k accounts into an IRA will allow you a wider variety of investment options and usually can save a significant amount of fees. Look up the expense ratio on the mutual funds in your 401k and compare to similar investment or investment that are better suited to your situation that you could make in a self-directed IRA. If you have a significant amount of money in your 401k account many brokerages have cash rewards or other promotions to encourage you to do business with them.

you should get it out of there, move it from a 401k to an IRA, you go to a licensed broker like Fidelity and tell them you want to roll over your old 401k to an IRA, they will do the dirty work, and even recommend some mutual funds for you to be in. It will be simple. You will not owe tax unless you get the money in your name, but not if it is transferred from Quik to your new account directly

It is still with the 401(k) plan custodian unless you moved it. What you should do is a direct rollover into an IRA.

Hi there. I just quit my job of 6 years because I was tired of it. Something I didn't think about was where my 401k money would go. I worked at Quiktrip convenience store who has private stock. What happens now that I quit? Where is my 401k money now?