Ask your employer, we would have no way of knowing.

If you intend to keep the money, and not roll it over into another qualified plan, be prepared for the tax impact.

They haven't given us the option of rolling it over, but I'm still not worried about the taxes. This has actually been a several month long process. I've asked bosses/managers/secretaries/ect, they either give me a very vague/indirect answer, or just tell me they don't know. We just recently got the letter saying "disemburstments are being prepared", and I was hoping to know.

It really depends on the companies situation. When a plan disolves paperwork has to be filed with the IRS to comply with all ERISA law. They need approval prior to processing any distributions. THe type of company can have an impact as well. We had a bank that had to go through the FDIC and it took a little over a year. Some smaller companies process as soon as the approval is received. There is no law stating you must receive it within any certain time frame. Your administrator will have the most up to date information. Keep in contact with them for timeframes.