§1346 Reports to Trustee

Summary

Before a plan ends, the company and the plan administrator must give the trustee any information they have or can get about the plan. That includes benefit amounts for each participant; the amount of basic guaranteed benefits under section 1322 or 1322a for each participant; the present value at termination of the total basic benefits under those sections (calculated without regard to section 1322b); the fair market value of the plan's assets at termination; the calculations under section 1344 and the assumptions the plan's actuaries used to make those calculations; and any other information the trustee needs to close out the plan.