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Best Practices for Retirement Plan Committees for 401(k) and 403(b) Plans
Retirement Management Services 
Feb. 28, 2014
"A retirement committee of members who have a thorough knowledge of the plan and its provisions enables the plan sponsor to demonstrate compliance with fiduciary requirements ... Each committee member should have a defined role such as reviewing procedures or reviewing plan investment choices.... Decide on a meeting schedule (monthly or quarterly) and have dates, times, and meeting sites set so members can plan ahead.... [Included are] suggestions for items of discussion by committee members[.]"
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