The issue of missing participants has become more urgent in the wake of news that MetLife "lost track" of some 13,500 participants. (Image: Shutterstock)
The Department of Labor's auditors are pushing harder on plan sponsors to make better efforts to find missing terminated vested participants in retirement plans. In return, there's a call for more guidance on just how far sponsors have to go to do so.
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Marlene Satter
Marlene Y. Satter has worked in and written about the financial industry for decades.
