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Guest cjk

"Best Practices"

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Guest cjk

The term "best practices" relative to 401(k) plans often appears in "compliance reports," conference presentations, industry articles, etc. What is really meant by "best practices?" Are they merely the author's term for what he/she believes represent "best practices" or os there a published list of "best practices" that has been accepted by the defined contribution community, or by a portion of the defined contribution community? Any insight would be most appreciated.

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