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The investment portfolio for a defined benefit retirement plan has declined in value during a year in which most financial market investments have incurred losses.
The investment portfolio for a defined benefit retirement plan has declined in value during a year in which most financial market investments have incurred losses. Which one of the following would be impacted the most by this decline in portfolio value?
A. Individual participants in the plan
B. Employer sponsoring the plan
C. Brokerage firm that manages the plan investments
D. Third Party Administrator that handles the plan administration
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