April 14, 2021

Checking the Lost & Found for Missing Participants: What Plan Sponsors Need to Be Doing!

Webinar

Overview

In response to ongoing requests by plan sponsors, service providers and industry associations alike, the Department of Labor (DOL) issued informal, legally nonbinding guidance earlier this year to help address issues surrounding missing retirement plan participants. Join members of Faegre Drinker’s benefits and executive compensation group as we explore best practices for plan sponsors to identify missing and nonresponsive plan participants, as well as potential approaches to facilitate compliance and mitigate risk of penalties. Specifically, our team will discuss:

  • Continued focus on investigation and enforcement by the DOL
  • How recent guidance will impact fiduciary obligations
  • Missing participant searches and procedures
  • Spotting red flags and determining next steps

Questions? Please contact Mesha Hegna Goodwill or call +1 612 766 7145.

VIEW ON DEMAND

Services and Industries

Time

9:00 – 10:00 a.m. PT
10:00 – 11:00 a.m. MT
11:00 – Noon CT
Noon – 1:00 p.m. ET
5:00 – 6:00 p.m. BST

Continuing Education

This program has been approved only for the following continuing legal education credits:

  • California – 1.0 participatory hour of general credit;
  • Connecticut – 1.0 reciprocal hour of general credit;
  • Delaware – 1.0 hour of general CLE Credit;
  • Illinois – 1.0 hour of general credit;
  • Iowa – 1.0 hour of general CLE credit;
  • New Jersey – 1.2 distance hours of CLE credit;
  • New York – 1.0 non-traditional hour of professional practice credit for both newly admitted and experienced attorneys;
  • Pennsylvania – 1.0 distance hour of substantive law, practice, and procedure CLE credit; and
  • Texas – 1.0 hour of general credit.

An application for approval of this course has been submitted and is pending in the following states: Colorado, Indiana, Minnesota and Virginia.

An application for HRCI credit has been submitted for 1 hour of HR General and is currently pending.

SHRM offers 1:1 reciprocity for any CLE accredited course.

Faegre Drinker Biddle & Reath LLP (Faegre Drinker) has been certified by the New York Continuing Legal Education Board, the Pennsylvania Continuing Legal Education Board, and the Illinois Minimum Continuing Legal Education Board as an Accredited Provider of continuing legal education. Faegre Drinker is a Certified Provider, as recognized by the Colorado Supreme Court Continuing Legal Judicial Education Committee and a State Bar of California approved MCLE provider. Faegre Drinker is an Approved Sponsor with the Indiana Commission for Continuing Legal Education and an accredited provider approved by the State Bar of Texas, Committee on MCLE.

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