The Summary Plan Description (SPD) should include your plan's claims procedures. Usually, you fill out the required paperwork and submit it to the plan.Generally, an ERISA plan participant can select just about anyone to be their beneficiary. Section B. Please tell us your retirement system and employer. Section C. Select your beneficiary(ies). It's in an ERISA account owner's best interest to have specific beneficiaries designated in retirement accounts. This will facilitate the transfer of assets. 5 Under ERISA and the Internal Revenue Code, the spouse must be named as the beneficiary unless the spouse waives that right. Fill out the below to receive more information on the Client Portal: First Name(Required). First. Last Name(Required). Last. Company.