Missing participant annuity assumptions

Missing participant annuity assumptions means the interest rate assumptions and actuarial methods for valuing benefits under 4044.52 of this chapter, applied -
(1) As if the deemed distribution date were the termination date;
(2) Using mortality rates that are a fixed blend of 50 percent of the healthy male mortality rates in § 4044.53(c)(1) of this chapter and 50 percent of the healthy female mortality rates in § 4044.53(c)(2) of this chapter;
(3) Without using the expected retirement age assumptions in §§ 4044.55 through 4044.57 of this chapter;
(4) Without making the adjustment for expenses provided for in § 4044.52(d) of this chapter; and
(5) By adding $300, as an adjustment (loading) for expenses, for each missing participant whose designated benefit without such adjustment would be greater than $5,000.

Source

29 CFR § 4050.2

Scoping language

The following terms are defined in 4001.2 of this chapter: annuity, Code, ERISA, insurer, irrevocable commitment, mandatory employee contributions, normal retirement age, PBGC, person, plan, plan administrator, plan year and title IV benefit.