A plan sponsor should work with their recordkeeper or third-party administrator (vendor) to understand their policies in determining if a participant is ‘lost or missing.’ If available, they should obtain a report of the specific plan’s participants identified as ‘lost or missing.’
Our L3 training focused on lost or missing partipants walks through the DOL's guidance and best practices for tracking current participant and identifying missing participants.
To download a copy of this L3 training material, please fill out the form.