Fiduciary Duties and Missing Participants in Terminated Defined Contribution Plans

This document is a Field Assistance Bulletin issued by the U.S. Department of Labor's Employee Benefits Security Administration. It provides guidance on how plan fiduciaries can fulfill their obligations under ERISA to locate missing participants and properly distribute the participants' account balances when a defined contribution plan is terminated. It outlines the required search steps, distribution options, and considerations for plan fiduciaries in this situation.