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What Do We Do With Mutual Fund Settlement Proceeds?
DWC
Aug. 7, 2018
"[It] is up to plan fiduciaries to determine a course of action that is prudent and in the best interest of plan participants.... [1] Allocate to affected participants ... [2] Allocate to all participants in the plan at the time ... [3] Allocate to all current participants ... [4] Place in holding account and pay fees."
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