metsfan026 Posted April 15 Posted April 15 Is there a company that everyone uses to help locate terminated participants who we can't locate? The company we used to use seems to no longer be operating, so we needed a new one. Thanks in advance!
Bri Posted April 15 Posted April 15 Sounds as though you need a new locator to find the old locator service! CuseFan, ratherbereading and Gadgetfreak 3
Bill Presson Posted April 15 Posted April 15 Penchecks Trust William C. Presson, ERPA, QPA, QKA bill.presson@gmail.com C 205.994.4070
Lou S. Posted April 15 Posted April 15 I have used penchecks and Employee Locator https://employeelocator.com/ Both were inexpensive, easy to use, and provided quick results. I found the information provided by Employee Locator more through and complete as they provided possible phone numbers and e-mail addresses as well as past address of the participant in addition to a current address. But it's still sometimes hit or miss if the addresses either place provide finds the actual participant. The last participant we searched for wasn't at the address that either company provided. I get no referral fee from either, just giving you my feedback. Bill Presson 1
ESOP Guy Posted April 15 Posted April 15 I really like PBI locator services. The thing I like about them is they will give you a letter regarding what they did to find this person. So if someone like the DOL asks about due diligence you produce this letter. acm_acm and Eve Sav 2
CuseFan Posted April 16 Posted April 16 I think we use PBI as well. Eve Sav 1 Kenneth M. Prell, CEBS, ERPA Vice President, BPAS Actuarial & Pension Services kprell@bpas.com
Pam Shoup Posted April 16 Posted April 16 We use LifeStatus 360 for small jobs. You get results almost immediately and they reasonably priced. They also perform death index searches and obituary searches. Pamela L. Shoup CEBS, RPA, QKA
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