4 Required Search Steps: DOL Issues Updated Guidance for Locating Missing Participants (PARTNER’S EDGE NEWSLETTER 10.2014)
In mid-August 2014, the Department of Labor (DOL) issued updated guidance for locating missing participants who have an account balance in a qualified defined contribution plan that is terminating. While the fiduciary’s responsibilities for locating missing participants haven’t changed, the guidelines for finding them have.
Plan fiduciaries who have attempted to reach a plan participant using their last known physical address and/or email address unsuccessfully, should proceed as described in these 4 required search steps… READ MORE
DOL Proposed Fiduciary Guide: Will it make life easier? (PARTNER’S EDGE NEWSLETTER 6.2.14)
In mid-March, the Department of Labor (DOL) decided it was time to address the challenges that Plan Fiduciaries are having with annual service and fee disclosures provided in connection Section 408(b)(2)… READ HERE