Distributions upon 401(k) Plan Termination

[MarZDoates]

Plan Document (Adoption Agreement) currently does not permit automatic rollovers of balances between $1,000 and $5,000.

Is there an exception in the event of a plan termination that says the funds may be automatically rolled to an IRA in the absense of a participant election? Or does the document need to provide for auto rollovers? (The participants will have been given a distribution packet and the option to elect the form of distribution.).

Thanks!!

[Lou S.]

We have auto-rollovered all balances for non-repsonsive/lost participants on plan termination, even if balance is over $5,000.