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What or who is a 401k plan sponsor? Answer: The entity (generally the employer) responsible for establishing and maintaining the plan. In other words, it's just another name for your employer who sets up and oversees your 401k. This is for educational purposes only. The information provided here is intended to help you understand the general issue and does not constitute any tax, investment or legal advice. Consult your financial, tax or legal advisor regarding your own unique situation and your company's benefits representative for rules specific to your plan. |
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