Are there any required participant notifications when an employer withdraws from a multiple DB pension plan? The plan is already frozen so no 204(H) notice is required. The plan will lump sum out participants or purchase annuities. So at minimum, we would need to prepare a benefit package per participant with relative value information as of the date of withdrawal--correct? Any other kind of participant notifications for the employees of the departing employer?

Thanks

Is this a multi-employer or multiple-employer plan?

This is a multiple employer defined benefit pension plan. And it is not collectively bargained.

Thanks.

I know of no additional notices except with respect to filing form 5310, if applicable. However, it sounds like the employer is not transferring participants to a new plan. So why is the employer withdrawing from a frozen plan?