Sch. SSA -- lost participant forfeited balance

[R. Butler]

A handful of lost partiicpants with nominal balances were reported on the 2006 Sch. SSA. Plan Sponsor made reasonable efforts to find, but was not successful. Plan Sponsor ended up just forfeiting the balances. Do we report those particiants with a Code D on the Sch. SSA?

Thanks in advance for any guidance.

[WDIK]

According to the SSA instructions, Code D is used for a previously reported participant "who is no longer entitled to those deferred vested benefits."

In my opinion, such participants as you describe are still entitled to these benefits, should they subsequently request benefits and should not be reported with Code D.

[R. Butler]

According to the SSA instructions, Code D is used for a previously reported participant "who is no longer entitled to those deferred vested benefits."

In my opinion, such participants as you describe are still entitled to these benefits, should they subsequently request benefits and should not be reported with Code D.

That was my thought also, but was looking for verification.

Thanks