As we alerted you in our January 2007 e-Flash entitled “New Guidance on PPA's Requirement to Provide Periodic Benefit Statements and Diversification Notices to Participants in 401(k) and Other Plans”, defined contribution plans that offer participants the ability to self-direct investments must provide benefit statements to participants at least once each quarter.  These statements are required to contain certain specific information, including information regarding a participant’s account balance and investments, and the Department of Labor’s model diversification statement (or a statement containing similar information.) 

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