Business and Personal Finance Dictionary

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• PLAN ADMINISTRATOR
  
  Your 401(k) plan administrator is the person or more typically the company your employer assigns to manage the company's retirement savings plan. The administrator works with the plan provider to ensure that the plan meets government regulations and that you and other employees have the information you need to enroll, select, and change investments in the plan, apply for a loan if the plan allows loans, and request distributions.
  
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