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Keeping 401(k) Participants Out of the Lost and Found Box
Foley & Lardner LLP
May 19, 2022 "Depending upon the size of your company and staffing, it may be necessary for benefits, human resources, payroll, administrative services (e.g., mailroom services), and information technology personnel, along with the plan's record keeper, to ensure that former employees' contact information is current. Changes to contact information must be coordinated and shared throughout the company and to/from the plan's record keeper." |
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