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Caution Advised in Appointing Authorized Plan Representatives for Governmental 457(b) or 401(a) Plans
Best Best & Krieger LLP 
Apr. 29, 2021 "In many cases, this [Authorized Plan Representative Form (APRF)] appears, at least from the perspective of the recordkeeper, to give APRs ... who may be mid- or lower-level staff members, many of the duties and responsibilities that the sponsor thinks it has reserved to the named fiduciary[.]" |
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