Describes one of mci roles as the sponsor of the plan

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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 MCI's roles as the sponsor of the plan?

Reference no: EM132758856

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