DOL Guidance for Retirement Plan Fiduciaries
The U.S. Department of Labor DOL recently issued important guidance for retirement plan sponsors and fiduciaries on their obligations to find missing participants
Stay updated with breaking news from Best Practices Summary. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The U.S. Department of Labor DOL recently issued important guidance for retirement plan sponsors and fiduciaries on their obligations to find missing participants
To embed, copy and paste the code into your website or blog: The U.S. Department of Labor (“DOL”) recently issued important guidance (“Guidance”) for retirement plan sponsors and fiduciaries on their obligations to find missing participants entitled to retirement plan benefits. Retirement plan sponsors and fiduciaries are at greater risk given the uptick in missing participant audits by the DOL. (More information on missing participant audits is available here.) The Guidance generally addresses the following three components of missing participant issues facing retirement plan sponsor...