Options for Providing an SPD and Prospectus to Defined Contribution Plan Participants | Practical Law

Options for Providing an SPD and Prospectus to Defined Contribution Plan Participants | Practical Law

A Practice Note explaining the methods for satisfying both the summary plan description (SPD) and prospectus requirements for defined contribution plans with publicly traded employer stock. This Note details the information required by the Securities and Exchange Commission (SEC) and the Employee Retirement Income Security Act (ERISA) to be provided to participants, as well as the distribution timing requirements for each document. The Note also considers the best way to update prospectus and SPD information.

Options for Providing an SPD and Prospectus to Defined Contribution Plan Participants

Practical Law Practice Note 8-568-1485 (Approx. 13 pages)

Options for Providing an SPD and Prospectus to Defined Contribution Plan Participants

by Practical Law Employee Benefits & Executive Compensation
MaintainedUSA (National/Federal)
A Practice Note explaining the methods for satisfying both the summary plan description (SPD) and prospectus requirements for defined contribution plans with publicly traded employer stock. This Note details the information required by the Securities and Exchange Commission (SEC) and the Employee Retirement Income Security Act (ERISA) to be provided to participants, as well as the distribution timing requirements for each document. The Note also considers the best way to update prospectus and SPD information.