Kphelps

Paul Perry works for the firm I do. He is so knowledgeable and a great speaker!

We used to pre-fill but have a lot of discussion recently about fraud. So, now we send a blank form (with plan name of course). We also ask that they return the form to the employer. That way the employer may be able to verify that they received it from the participant (they would be more familiar with them than we would obviously).

Sorry for this late response! I've worked for just about every Florida TPA (seems like it anyway!). Only 2 that I worked for mailed the DR-228 form to the participants to let them know they had to pay. The rest said they were aware of the requirement but didn't bother with it. A few years ago, Empower started deducting it from participants accounts when they took loans and remits it themselves.