(yet another) 401(a) 5 question

[BG5150]

We TPA a plan that has part of its assets some old annuity contracts. The provider is refusing to provide the investment chart under 401(a)5.

What recourse does the sponsor (more specifically, the Trustee) have? Is it similar tot he 408 notice where they can (and must) squeal tot he DoL?

[Bird]

It's the sponsor's problem. They have to either do the chart (disclosures) themselves, find a new provider who provides this service, or not comply. The provider has no obligation to provide anything, although most platform recordkeepers are doing something.