As an employee, it's important to know which documents you can review as a participant in a retirement plan. If you wish to view certain documents, these must be made available to you for review by law. A written request or fee from your employer is required for other documents.
The Summary Plan Description – The spd document is provided by the plan administrator. It's important to check it out to find out exactly what key features this pack has.
Automatic Enrollment – Not all packages have this but if so, you can only view them on request.
Individual Benefit Statement – This is important for review because it contains important information about your account balance and performance.
Annual Funding Notice – This is the financial situation of the specified pension plan.
Summary of Material Changes – This is where you will find out if any material changes have been made to the plan or information that will be included in the SPD.
Annual Summary Report – This is an annual report/returns form 5500 which provides a summary of the financial information submitted by the plan.
Clear Future Benefit Deduction Notice – This is where you can find out if there are any issues with your future retirement plans that you should be aware of immediately.
These are the most essential documents that you can view as a Pension Fund participant without having to make a written request or pay a small fee to view it. Take the time to review as much of this document as possible to ensure that everything is going well with your retirement plan.