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Posted

Every year we are required to send a list of assets to Participants. It is supposed to have a Diversification notice attached.

My question is, "Is there a requirement to have any plan provisions on this notice?"

Posted

You mean the statements for which the DOL was required to provide samples within 1 year? Still waiting...

If you are talking about a non-participant directed account, the diversification notice is not required. In any event I see nothing about plan provisions being required.

Ed Snyder

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