1) Which of the following is (are) the primary objective(s) for defined contribution plans?

Select all that apply

Provide for the retirement needs of participants.

Provide sufficiently diverse investment options.

Provide enough plan assets to meet plan liabilities.

Provide education to plan participants.

2) The exclusive benefit rule means that:

Group of answer choices

The fiduciary may not pay investment advising fees to more than 1 service provider.

The fiduciary may provide an exclusive benefit for company executives.

The fiduciary must not take any action that would not be in the singular best interest of the plan participants.

The fiduciary must treat plan assets as if they were the property of the employer in making investment selections.