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Found 1 result

  1. ldr
    Hi to All, If a 401(k) plan is on a platform like John Hancock, and JH produces the 404(a)(5) notice, how must it be distributed? It's available on the participant's account page at JH. Is it enough to tell the participants via an email or a written memo how they can access it themselves on their account page? Or must the employer access it off the Plan Sponsor page, download it, and either distribute paper copies or email it to the participants? Must this be done every quarter? I am not picking on John Hancock - I could have used any platform provider - we just happen to have a number of plans with them. Thanks for any information you can provide. Yes I realize we should already know this and we are getting to the table late but better late than never!
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