Participant Suffers Reduced Distribution

[TCWalker]

What's the demand when participant gets a distribution that ignores the last valuation date and reflects a distribution that's reduced by interim fund and admin charges? I mean to ask, does the participant demand a full accounting by the plan adminstrator under ERISA 104(b)(4) and a review and explanation of the benefits determination? An answer is the plan document controls.., but what if the Plan is fairly silent on procedures for disputed calculations? Anyone done / seen this?

[mbozek]

Doesnt the plan state when the when the value is determined, e.g, as of the date of distribution? Using a valuation date that is not marked to market on the date of distribution creates problems in DC plans.