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Showing results for tags 'statement requirement'.
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One of our clients is a large multi-employer profit sharing plan. Participants come and go all the time in this plan, but many times simply drop off the radar screen indefinitely. My questions are, Does the plan have to continue to attempt to deliver statements every quarter even though statements have come back as undeliverable for many many quarters? Is there some obligation to use a locator service to try and get a valid mailing address? This would be with respect to participants that are not subject to force out distributions.
