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How to Structure a Plan Committee
Drinker Biddle and Reath LLP in PLANSPONSOR
Feb. 17, 2017 "When selecting committee members, one of the most important qualities to look for is willingness to be involved -- to attend meetings, review meeting materials in advance, ask tough questions and engage in discussions and decisions.... Committee members should also be employees with education and experience consistent with evaluating plan investments, reviewing service providers and considering plan administration.... Appointing, monitoring and replacing, as necessary, the committee members is a fiduciary responsibility." MORE >> |
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