Prohibited transaction to hire a financial advice provider that is par

By Guest And another thing ...
February 27, 2002 in Investment Issues (Including Self-Directed)

https://benefitslink.com/boards/topic/13770-prohibited-transaction-to-hire-a-financial-advice-provider-that-is-par/

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Guest And another thing ...

Posted February 27, 2002

My company is considering engaging a financial advice provider for our 401(k) plan. We are considering a provider that we own a small part of (it could be around 10%). Would it be a prohibited transaction to hire that provider?

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https://benefitslink.com/boards/topic/13770-prohibited-transaction-to-hire-a-financial-advice-provider-that-is-par/

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Prohibited transaction to hire a financial advice provider that is par

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