Practical Law Glossary Item 5-506-6192 (Approx. 3 pages)
In the employee benefits context, a person who is or may become eligible to receive benefits from an employee benefit plan. A participant may be:
An employee or former employee.
A member or former member of an employee organization.
A beneficiary of an employee or member of an employee organization.
A participant's period of participation generally extends from the plan entry date to the time when benefits have been fully paid out and the individual is no longer eligible for continued participation.