Poll: Separating 401(k) SPD & Prospectus
Many have been warning about creating securities law liability for ERISA plan fiduciaries where a "Summary Plan Description" for a 401(k) Plan that offers a "Company Stock Fund" investment choice incorporates SEC filings by reference (and the filings later turn out to be inaccurate).
1. Our company
(select only one)
Recently separated the 401k SPD from the prospectus
Always separated the 401k SPD from the prospectus
Is considering separating the 401k SPD from the prospectus
Has decided to not separate the 401k SPD from the prospectus
© 2013 TheCorporateCounsel.net
Executive Press, Inc., - P.O. Box 21639 - Concord, CA 94521-0639 • (925) 685-5111 • Fax (925) 930-9284
© 2001 - 2013, Executive Press, Inc.
Terms & Conditions