Dominic DeMatties will participate in this webinar hosted by the American Benefits Council. The webinar will cover various potential solutions to the problem of missing and unresponsive participants. A number of tools are now being developed in the private sector to help plan sponsors. The speakers discussed a number of potential approaches to the issue of missing and unresponsive participants, including:
- Voluntary use of state unclaimed property processes.
- Implementation of auto portability.
- Spinoff of a portion of the plan followed by termination.
- An overview of the status of current legislative and regulatory activity on missing participants.