DOL Guidance on Missing Participants is No Longer Missing

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Tuesday, February 16, 2021
01:00 PM - 02:00 PM Eastern Standard Time
12:00 PM - 01:00 PM Central Standard Time
10:00 AM - 11:00 AM Pacific Standard Time

Join us for a focused discussion of the Department of Labor new guidance on missing participants and its implications for retirement plan fiduciaries and service providers.

  • Topics include:
  • Background on the “missing participant problem”
  • Overviews of the DOL’s three new pieces of guidance: 
    • DOL memorandum on what it considers to be “Best practices” in minimizing and mitigating missing participants 
    • DOL Defined Benefit Plan Terminated Vested Participants Project investigations and
    • Field Assistance Bulletin No. 2021-01, addressing terminating defined contribution plans using the PBGC’s missing participant program
  • What retirement plan fiduciaries and administrators could consider in light of this guidance
  • Considerations on service provider roles and responsibilities 
  • Unanswered questions