Question: Danny's Diners is a medium sized restaurant chain that has decided to implementa group pension plan for the benefit of their growing employee base. The

Danny's Diners is a medium sized restaurant chain that has decided to implementa group pension plan for the benefit of their growing employee base. The company has appointed a board of trustees as the administrator of the plan Which of the following statements about the responsibilities of Danny's Diners and the board of Trustees is CORRECT The board of trustees has a fiduciary responsibility to the sponsor of the plan Danny's Diners is responsible for suggesting potential investment recommendations within the group plan The board of trustees is responsible for measuring employee satisfaction with the group plan Danny's Diners is responsible for the creation and distribution of plan documents Oc) Odi
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
