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Form PR means there will be some Pooled Plan Jokers

joker

Form PR is the form that the Department of Labor (DOL) has required for pooled plan providers (PPP). For a form that needs to be filed by someone who wants to be a PPP, it’s not that long and very short on details for someone who wants to be responsible for millions and millions of plan assets.

 

With short details and not a lot of verification, my concern is that pooled employer plans will have some unsavory people as PPPs.

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