Why do dismissed participants require a valid email address?

To ensure we can share important required disclosures and plan information to your dismissed employees, we will need your assistance in providing valid emails.

Participants who have an account balance in the plan, were eligible to participate within the current or last plan year or even if they are dismissed, are still required to receive certain notices about your plan and their account for the plan to remain compliant. These communications include the Summary Annual Report, Annual Disclosures and quarterly statements to name a few.

If there is not a valid email address on file, we will require that you mail plan information and disclosures to participants. See this article to learn more about sharing important plan information with participants.

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