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man expressing ignorance One-third of sponsors of plans with 50 to 200 participants admitted to not knowing if revenue-sharing agreements were in force, and more than 25 percent of sponsors of plans with 200 to 1,000 participants said they were unaware. (Photo: Shutterstock)

Many sponsors of 403(b) defined contribution plans remain in the dark on how retirement plans are administered and paid for, in spite of a bevy of high profile fiduciary lawsuits against elite universities.

Nick Thornton

BenefitsPRO

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