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401(k) Plans


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Disclosure of Eligibility to Participants - Is it sufficient to have an employee sign for Receipt of an Employee Handbook at the time of hire? Even if they do not become eligible for 12 - 18 months after hire?

Guest beppie_stark
Posted

Distribution of the Summary Plan Description is required within 90 days of an individual becoming eligible for participation. The SPD is generally a much longer description of the plan than is contained in an employee handbook.

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