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Audit Time: Do You Know Where Your Participants Are?
Carol Buckmann in 401kTV 
Nov. 8, 2017
"[The DOL] has announced that it has expanded to the whole country a pilot program in which it asks plan administrators to provide current contact information for selected participants. The DOL considers it a breach of fiduciary responsibility if the plan doesn't know how to reach them.... On October 19, the IRS issued a memo explaining when examiners will not find a qualification failure if required minimum distributions haven't been made because participants couldn't be located.... [T]here are lots of practical steps to take and document."
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