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Why is it important that a plan sponsor provide education to their participants/non participants?

Education participants Plan sponsor
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Why is it important that a plan sponsor provide education to their participants/non participants?

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As the plan sponsor, your fiduciary responsibility you should be to provide information enabling participants to make educated decisions as stated in the Employee Retirement Income Security Act of 1974 (ERISA) Section 404(c). Click here for more information.

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