SPD's

[Guest Keith371]

Must my physical address appear within my Summary Plan Description or will a P.O. Box suffice?

[GBurns]

Why would either appear?

Are you the plan sponsor, the claims administrator, a service provider, a fiduciary etc. ?

If you are an employee or plan participant the SPD can be handed to you, faxed to you, emailed to you or mailed to you. The addressing on the medium chosen for distribution can have your name plus any other valid address that ensures delivery to you.

[Guest Keith371]

I AM THE EMPLOYER, AND WAS TOLD BY MY PLAN SPONSOR THAT A PHYSICAL ADDRESS HAD TO APPEAR INSTEAD OF THE POST OFFICE BOX. THE ADMINSTRATOR'S CLAIMS WERE THE PARTICIPANTS AND BENEFICIARIES NEEDED TO HAVE THE STREET ADDRESS IN CASE ANY PROBLEMS AROSE. THERE HAS BEEN A P.O BOX SINCE THE PLAN'S INCEPTION. IS THERE SOME NEW LAW THAT REQUIRES A STREET ADDRES?

[KJohnson]

Here is what the regs state:

Plan Administrator--"business address"

Trustee--"address of the principal place of bunsiness"

Agent for Service--"the address at which process may be served".

I have always put in the street address. However, my read on the regs is that for the Plan Administrator you can probably get by with the P.O. Box; for Trustee it is more doubtful since the P.O. Box is nto the principal place of business; and for the Agent for Process, I think you would need a street address because you cannot personally serve papers at a P.O. Box.

[mbozek]

The Dol regs require that then name and address of the employer appear in the SPD. Howver, The SPD must also give the name of person designated as agent for the service of process on the plan and the address at which process may be served on such person.