Episode Details

What happens to a 401(k) account after an employee leaves, and what happens to those accounts when an entire plan terminates?

On this episode of 401(k) Roundtable, Peter de Silva, CEO of IRALOGIX, joins us to discuss the often-overlooked back end of retirement plans. We explore the challenges surrounding terminated participants, missing and unresponsive account holders, and plan terminations, along with the responsibilities plan sponsors need to keep in mind. Peter also shares practical considerations for managing these situations and why having a strategy in place before issues arise can make all the difference.