Performance Audit of the Thrift Savings Plan Account Maintenance Process

This document is about a performance audit conducted by the U.S. Department of Labor Employee Benefits Security Administration on the account maintenance process of the Thrift Savings Plan. The audit examined whether the Federal Retirement Thrift Investment Board implemented procedures to accurately reflect contributions, daily valuation, and fund balances in participant accounts, as well as process contributions, transfers, and other transactions promptly and accurately. The report includes findings, recommendations, and the status of a prior recommendation related to the account maintenance process.