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404(c)


Guest amfam2

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Guest amfam2

If an er is a sole proprietor and the plan covers the sole proprietor or they & their spouse, the plan is not covered by Title I of ERISA nor the fiduciary rules under ERISA. Thus, 404© does not apply to these plans, correct? Should they leave this question blank on the Corbel version of prototype documents?

Is there any reason this response should change if the owner incorporates?

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