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Former Employees with Plan Assets are Still Plan Participants
Team SummitEmployer Resource Center, Fiduciary GovernanceComments are off for this post
Plan Sponsors should understand that terminated employees who have left their account balance in your plan, are still considered participants under ERISA. As such, they have the same rights as current employees. They cannot contribute to their account under the plan, but otherwise, they have the same ERISA protected rights as plan participants. One protected  Read More →
Spring 2018: Fiduciary Hot Topics
Team SummitEmployer Resource Center, Fiduciary Governance, Plan Operations & AdminComments are off for this post
Spring brings new growth, longer daylight hours, and warmer days. But, the sunshine isn’t the only thing heating up! Check out our Fiduciary Hot Topics below for the latest regulatory updates which may impact your plan. The Future is Looking Cloudy for the DOL’s Fiduciary Rule In March, the Fifth Circuit of the U.S. Court  Read More →

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