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Retirement Planning
Chapter 7: Plan Installation & Administration/ONGOING NOTIFICATION OF ELIGIBLE EMPLOYEES (2 OF 2)
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Chapter 7: Plan Installation & Administration

ONGOING NOTIFICATION OF ELIGIBLE EMPLOYEES (2 OF 2)

01.Core Concepts

Periodic Benefit Statements • Defined Contribution Plan: Must provide a benefit statement to: • A participant or beneficiary who has the right to direct the investment of assets in their account, at least quarterly • Any participant or other beneficiary who has their own account under the plan, at least annually • Other beneficiaries, upon written request, but limited to one request during any 12-month period