Missing Participants and Forfeitures

Leann DeKryger |

Cleaning up missing participant accounts is a great way to save on administrative costs by paying plan expenses. It also gives you the option of off-setting or allocating company contributions from that forfeiture account against future employer contributions. Check out our easy checklist today to discover if your plan has any unvested funds and how they can be used.

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The Alliance Team

(860) 777-4015
(860) RPS-401K
info@alliancerps.com 

 

This presentation is not an offer or a solicitation to buy or sell securities. The material discussed is meant to provide general education information only and it is not to be construed as specific investment, tax or legal advice and does not give investment recommendations.

Certain risks exist with any type of investment and should be considered carefully before making any investment decisions. Keep in mind that current and historical facts may not be indicative of future results.

Additional information, including management fees and expenses, is provided on our Form ADV Part 2 available upon request or at the SEC’s Investment Adviser Public Disclosure website, https://adviserinfo.sec.gov/firm/summary/123807.

This information was developed as a general guide to educate plan sponsors and is not intended as authoritative guidance or tax/legal advice. Each plan has unique requirements, and you should consult your attorney or tax advisor for guidance on your specific situation.

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