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Planet Source decides to implement a defined contribution pension plan (DCPP) for its 75 employees.

Planet Source decides to implement a defined contribution pension plan (DCPP) for its 75 employees. The company's president appoints Josie, the human resources director, as the plan administrator.

Which of the following BEST describes Josie's responsibility as a plan administrator?

A.

To manage the pension plan

B.

To amend the pension plan

C.

To address funding shortfalls

D.

To set the benefit structure

IFSE Institute LLQP Summary

  • Vendor: IFSE Institute
  • Product: LLQP
  • Update on: Feb 3, 2026
  • Questions: 328
Price: $52.5  $149.99
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