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Good (and inexpensive) participant locator service.


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Posted

I am down to a handful of participants that we cannot locate in a plan termination. I have already used the IRS letter forwarding program. Any suggestions about a good and inexpensive private locator service?

Posted

Several earlier discussions on this topic. Try doing a search of the Message Boards.

I'm a retirement actuary. Nothing about my comments is intended or should be construed as investment, tax, legal or accounting advice. Occasionally, but not all the time, it might be reasonable to interpret my comments as actuarial or consulting advice.

Posted

I am in the same situation as you are and just received a refer of two locator services, one of which boosts a 90% finding rate. If you will e-mail me I will give you what little info I have on these companies.

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Posted

Pax, Thanks, I tried that first and while a number of people mentioned such private services there was only the name of one, PBI. If anyone has any other names and/or telephone numbers and/or web sites I would appreciate the info.

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