MCO Status Overview Report

ABC SAMPLE PLAN D34730

To update the vesting percentage or waive a participant for Mandatory Cashout, click on the participant's name.

Temporarily Waived: This waiver causes a participant's Mandatory Cashout to be delayed approximately 30 days before being reconsidered.

Permanently Waived: This waiver causes a participant's Mandatory Cashout to be delayed indefinitely and can only be implemented by your plan services consultant at your request.

Approved: A participant who is set to receive the special tax notice and affirmative election documents sent prior to Mandatory Cashout.

Mailed: A participant who has been sent the special tax notice and affirmative election documents.

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Participant MCO Status Search

Display rows Records 1 to 4 of 4
Participant SSN MCO Status Active Loan Projected Date of Payout Vesting Schedule 1
CERISE, MIRANDA ***-**-7533 Letter Mailed Yes 20%
Display rows Records 1 to 4 of 4

Note: If a participant is no longer displaying on the Mandatory Cashout Status Overview Report, it will be due to one of the following reasons:

  • The participant's Mandatory Cashout has been completed.
  • The participant has completed the Affirmative Election form choosing an alternate distribution type and AUL has processed it.
  • The participant is no longer eligible for Mandatory Cashout due to a status change.
  • The participant is no longer eligible for Mandatory Cashout due to their account balance exceeding your plan's Mandatory Cashout limit.
  • The participant's address is incomplete.