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Missing Participants: End of the Year Clean Up


Plan fiduciaries are responsible for your keeping track of former employees with account balances, a.k.a. missing participants. The DOL and IRS are paying more attention to plan sponsors’ efforts to identify and locate these participants, especially when uncashed checks and approaching RMDs are involved.


The first step in locating missing participants is to get a plan in order. By cleaning up the plan, plan fiduciaries will be able to identify the participants and then take the necessary steps to locate them.


This easy-to-use checklist can help take control of missing participants!