lost particpants
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Lost Participants in Retirement Plans
- June 20, 2018
- Posted by: Jeff Atwell
- Category: Resources
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Lost participants can increase the risk of a fiduciary breach or operational defect as well as increasing the administrative cost of maintaining the lost participant’s accounts within the plan. This creates an opportunity for a plan advisor to create value for their plan sponsor clients in assisting them in managing terminated participants who have not provided current addresses. We share a few resources to help you understand what’s involved.