Guest bbabcock Posted November 18, 2002 Posted November 18, 2002 An ESOP has, by its terms, satisfied the 401(a)(28)(B) diversification requirement by distributing the portion of the participant's account subject to the diversification election. The sponsor now proposes to amend the ESOP to satisfy the diversification requirement by allowing actual diversification under the ESOP through 3 or more investment options. Is there a 411(d)(6) problem with this change?
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