Madison71 Posted January 9, 2018 Share Posted January 9, 2018 I understand from reading the new final rule from the PBGC regarding missing participants, that a terminating DC plan can utilize the program as well. I am just confirming that if the program is utilized that once the assets of the missing participants is transferred to the PBGC (and all other assets are distributed out), that a final Form 5500 can be filed? Thanks! Link to comment Share on other sites More sharing options...
Larry Starr Posted January 9, 2018 Share Posted January 9, 2018 That's exactly the purpose! the ability to close out the plan. Lawrence C. Starr, FLMI, CLU, CEBS, CPC, ChFC, EA, ATA, QPFC President Qualified Plan Consultants, Inc. 46 Daggett Drive West Springfield, MA 01089 413-736-2066 larrystarr@qpc-inc.com Link to comment Share on other sites More sharing options...
Madison71 Posted January 10, 2018 Author Share Posted January 10, 2018 Thank you - to close out though, the assets have to be transferred, correct? It appears from the reading that you can also utilize as a participant locator without transfer? Link to comment Share on other sites More sharing options...
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