Maritime Consolidated Inc. (MCI) is a small but growing manufacturing business that is in the process...

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Maritime Consolidated Inc. (MCI) is a small but growing manufacturing business that is in the process of opening a group retirement plan for the benefit of their employees. MCI will be funding the group plan, but has an agreement with a large financial institution to administer the plan. Which of the following CORRECTLY describes one of MC's roles as the sponsor of the plan? a) setting the benefit structure for the members b) establishing a written investment policy statement c) creation and distribution of plan documents d) measuring employee satisfaction with the plan Maritime Consolidated Inc. (MCI) is a small but growing manufacturing business that is in the process of opening a group retirement plan for the benefit of their employees. MCI will be funding the group plan, but has an agreement with a large financial institution to administer the plan. Which of the following CORRECTLY describes one of MC's roles as the sponsor of the plan? a) setting the benefit structure for the members b) establishing a written investment policy statement c) creation and distribution of plan documents d) measuring employee satisfaction with the plan

Answer rating: 100% (QA)

Answer C Creation and the distribution of plan Distribution Documentsmeans all of the agreements and ... View the full answer