401k Plan Management: How to Better Organize Participant Data

September 10, 2018
Terry Dunne, SVP and Managing Director - Retirement Services

Search processes for missing and unresponsive retirement plan participants have become a focus for the Department of Labor and Internal Revenue Service audits during the past year. Consequently, your plan should have a formal, documented process for managing participant data to show that you are meeting your fiduciary duty to find those participants.