Upcoming Webinar | Checking the Lost & Found for Missing Participants: What Plan Sponsors Need to Be Doing!

In response to ongoing requests by plan sponsors, service providers and industry associations alike, the Department of Labor (DOL) issued informal, legally nonbinding guidance earlier this year to help address issues surrounding missing retirement plan participants. Join members of Faegre Drinker’s benefits and executive compensation group on April 14 from 11:00 – Noon CT, as we explore best practices for plan sponsors to identify missing and nonresponsive plan participants, as well as potential approaches to facilitate compliance and mitigate risk of penalties.

Specifically, our team will discuss:

  • Continued focus on investigation and enforcement by the DOL
  • How recent guidance will impact fiduciary obligations
  • Missing participant searches and procedures
  • Spotting red flags and determining next steps

Register for the Event

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About Author: Page Fleeger

Page Fleeger advises employers on the employee benefits, retirement plan and executive compensation issues they face. She represents employers of all sizes, from startups to Fortune 50 clients. Page works with qualified defined benefit pension plans, profit sharing, 401(k) and ESOPs, as well as nonqualified deferred compensation plans, SERPs, and other plans and programs subject to Code Section 409A. View all posts by , , and

About Author: Megan Hladilek

Megan Hladilek counsels employers, fiduciaries and service providers in employee benefits matters, helping them design and revise plans and service contracts that are both strategic and compliant. View all posts by , , and

About Author: Monica Novak

Monica Novak counsels tax-exempt and for-profit clients on the complex and diverse array of statutes and regulations that apply to employee benefit plans and executive compensation arrangements. She provides guidance and support in designing compliant benefit programs, and assists clients with corrective actions when appropriate to ensure ongoing legal compliance. Monica also represents clients in negotiating stock and asset purchase agreements and merger agreements, resolving potential benefit plan liabilities and integrating benefit plans in the aftermath of acquisitions. View all posts by , , and

About Author: Gayle L. Skolnik

Gayle Skolnik represents employers, fiduciaries and service providers on all aspects of employee benefit law. She advises on plan design, implementation and administration; government compliance; benefits aspects of bankruptcies and restructuring and corporate transactions; fiduciary training; and governmental audits and investigations. Gayle crafts practical, cost-effective solutions to everyday problems that arise in the employee benefits world. View all posts by , , and

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