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Are the instructions and the 5304 form required to be given to the EXI


Guest TJG

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Are the instructions and the 5304 form required to be given to the EXISTING paricipants as part of the annual notification or is it only the actual Model Notification Form?

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  • 2 weeks later...

You do not have to distribute the model form provided a Summary Description is provided at the same time as the other 60-day notices. Cleary, absent guidance, it wd be wise to simple distribute the model forms. See Form 5304-SIMPLE, page 6, first column.

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And provided to existing participants that are eligible to participate for the period to which the notices relate. Terminated employees wd not get any notices.

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