My wife's rollover from her former employer's retirement plan showed up her IRA a couple of weeks ago. In an age of instantaneous communication and same-day asset transfers, it seems strange that a process like this can still take six weeks from start to finish. It sounds like the administrators of her former plan had to do some research to ensure that the right amount had been withheld from her paychecks over the years. My wife also had to send paperwork to three different entities to initiate the process, so the coordination between multiple parties also inherently delays things.
Although there were a couple of follow-up questions regarding the submitted paperwork, my wife was able to get everything sorted out so there weren't any major issues. Kudos to her for making everything happen. This isn't a role she normally assumes in our relationship, so I know she was a little out of her comfort zone.
She's been talking with me about some ideas for investing the cash, but so far hasn't committed to anything yet. Still, the extra cash makes a nice addition to our overall net worth (I hadn't been including this in our Retirement assets until the rollover completed).