Why does UT's ORP (Optional Retirement Plan) or any other 403b institution feature more than one provider? How does (or not) having multiple providers comply (or not) with Hughes vs. Northwestern University? What are the advantages and disadvantages of having multiple providers?

Answer rating: 100% (QA)

ORP is a defined contribution plan governed by Internal Revenue Code Section 403b Eligibility Eligible employees are notified of their ORP eligibility via an email from Dousing sent by the Benefits an... View the full answer