Topic Archives:

ERIC Victory: DOL Issues Guidance on Missing Participants

Earlier today, the DOL issued guidance on missing and non-responsive participants. ERIC has been working with the agency for several years to encourage them to provide some guidelines that employers can use specifically during the audit process. The guidance comes in three parts.

DOL’s Missing Participant Guidance Good First Step

ERIC is pleased that the Department of Labor has released much-needed guidance on missing participants. As plan sponsors who voluntarily offer retirement plans, our member companies share the agency’s goal of ensuring that every participant receives the benefits they have earned.

ERIC Supports Improving Access to Retirement Savings Act

ERIC appreciates the bipartisan introduction of the Access to Retirement Savings Act. We support Senators Grassley, Hassan, and Lankford’s efforts to ease unnecessary administrative burdens and expand retirement security for American workers.