BW Posted January 4, 2016 Posted January 4, 2016 Trying to dust off my memory on this issue. A new company is establishing a 401(k) in 2016. The selected record keeper will serve as the discretionary trustee. We are in the process of establishing an oversight committee. Currently the board has three members, one U.S. two from London. Assuming the board retains the final decision making authority for the plan memory serves that I have a domestic trust issue. Is that the case or has this issue been resolved somewhere in the past 15 years?
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