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6.1! MANAGING DOCUMENTATION: PrinciplesPurpose: Output:Establish agreement on the firm\'s approach to documentation Memo to staff; guidelines for documentation Be Completed By: Total Time Needed:33.
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Essentially equivalent a comparison is a tool used to assess and compare the adequacy of same-sex or opposite-sex employer-sponsored retirement plans to ensure compliance with applicable laws and regulations.
Employers who sponsor retirement plans must file essentially equivalent a comparison to demonstrate compliance with non-discrimination requirements.
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Information that must be reported includes plan benefits, eligibility criteria, contribution rates, and any discrepancies between plans offered to different classes of employees.
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