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Essay text:
Identify ERISA named Fiduciary (ies)
Appoint Plan Committee (s)
Determine whether a single retirement committee or separate plan administrative and investment committees will be used
Select Members
Select members with Human Resources/Employee Relations expertise
Select a member from the Legal Department to serve as clerk/secretary
Select members with executive-level decision-making authority
Specific to investment matters or a separate plan investment committee
Select members with investment experience, such as from Treasury or Finance departments
Establish Procedures
Create/confirm written delegation of the role (i...
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