In the context of a defined benefit plan termination, is there any guidance regarding how many insurers can be identified in the notice to participants regarding annuity information? We have the possible insurers (that will issue annuity contracts) narrowed to six, is that too many?

I am not aware of a specific limit. IMO, six is not too many IF you reasonably expect that all six could be competitive and be utilized. My experience is to use two, and to include a "catch-all" statement something like "if another insurer is chosen, you will be notified."

Thanks, PAX, that is helpful information.