How long must plan administrator retain a participant's records after the plan has terminated?

[Guest ooota]

Does anyone know the length of time that an administrator must retain the records of an individual after the plan has terminated? If so, please provide the cite, also. Thanks in advance for your help.

[mbozek]

What records are you talking about?

[Guest ooota]

Individual participant records - such as remittance reports, benefit election forms, etc.

[mbozek]

The queston is how long is the s/l? Why should employee election forms be preserved in a terminated plan? Remittance reports should be kept for 6 years or until the s/l for an emplyee to make a claim for a mistaken or omitted contribution expires. Under ERISA 107 records used to create annual reports must be kept for 6 years after the report is filed.

[david rigby]

If the participant was ever put on a Schedule SSA, be sure each participant is (or has been) included on a subsequent SSA as "no longer entitled to deferred vested benefits". See instructions for Line 4.

Oops, I just noticed this was a posting in the 403(b) Message Board. Well, you get the idea, anyway.

[E as in ERISA]

If it's a 403(b), how was it "terminated"?