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DOL Issues Advisory Opinions Providing Important Guidance on Open MEPs
Practical Law Company Link to more items from this source
[Guidance Overview]
May 29, 2012
"If the DOL's views in the Advisory Opinions were to apply to similar arrangements, among other potential consequences, each participating employer would be required to: (1) Separately file Form 5500s for their plans. (2) Engage in annual plan audits (assuming there are 100 or more employees participating in the plan). (3) Obtain a separate fidelity bond for the plan."

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