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Press Release: 403(b) Plan Survey Reveals Lack of Clarity on Fiduciary Role

Of non-profit organizations that sponsor 403(b) retirement plans, only 60 percent are reviewing and evaluating the investment options in their plans, according to the latest 403(b) Snapshot Survey from the Plan Sponsor Council of America (PSCA) and sponsored by the Principal Financial Group®. That number falls to just 40 percent for sponsors of small plans (1-49 participants)...

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