Can a participant request further information under the ERISA §404(a)(5) Regulations?
Yes. The plan administrator is required to furnish to a participant the following information if the participant requests it:
- The prospectus or short form or summary prospectuses.
- Financial statements or reports relating to designated investment alternatives, if available to the plan.
- A statement of the value of a share or unit of a designated investment alternative as well as the date of the valuation.
- A list of the assets comprising the portfolio of each designated investment alternative and the value of each such asset or the proportion of the investment which it comprises.
This article was last updated on
August 22, 2012