Thoughts on the "missing participants" problem?

[Shuo 1]

I have heard more and more about the DOL audit and a plan sponsor could be deemed to have breached their fiduciary duty under the plan if DOL does not think you have tried hard enough to find your missing participants. My question is: 1. Should this be on the top of the mind for plan sponsors? 2. Is there any existing solutions to help you find missing participants?

[Kyle - Berwyn Group 1]

1. Finding lost participants should be a top priority for all plan sponsors. 

2. The Berwyn Group offers an entire suite of address services from compliance-based solutions to online ad hoc searches.