How current is the non-financial data in the statement?
The non-financial data is current as of January 31 of the year in which the annual statement is distributed. This data includes the participant’s personal information on the front of the statement as well as all data in the Account Profile and Primary Beneficiary Information sections. Any changes made after January 31st will not be reflected on the statement. This means that the statements have the latest information available from the payroll offices, including addresses, employment codes and dates, etc.
The non-financial data is current as of January 31, 2008. This data includes the participant’s personal information on the front of the statement as well as all data in the Account Profile and Primary Beneficiary Information sections. Any changes made after January 31st will not be reflected on the statement. This means that the statements have the latest information available from the payroll offices, including addresses, employment codes and dates, etc. Q3. Why are there no transaction details on the annual participant statement? The annual participant statement is intended to be a summary of a participant’s account. Because it is a summary, the statement displays transaction history as the combined total for the calendar year. For example, in the Your Annual Account Summary section, the amount shown in each transaction category is the sum of all transactions made throughout the calendar year for that category. Detailed information about individual transactions is available from the
