For an employer with multiple locations in different states, which state should I enter in the Governing State Law section?

The plan sponsor needs to be properly identified—employers typically use the state of incorporation, rather than the state where they do business, but this is entirely within the employer's discretion (dependent on various factors, such as the location that controls payroll) and is therefore up to the employer to decide. There is generally no need to include more than one address, as long as plan participants know who to contact if they have issues with the plan.

Please Note: Wrap360 and its employees and officers are not permitted to offer legal advice. These FAQs are provided for general information purposes only. As the answers to specific questions may vary based on federal or state law, as well as on company documents for the issues in question, it would be prudent to consult knowledgeable benefits counsel for individualized guidance.