Legend can provide an employer with an up-to-date §403(b) plan document and adoption agreement that permits the employer to customize their plan. The plan could offer loans to participants, contain a vesting schedule for employer contributions, etc. Legend will provide a Summary Plan Description tailored to the employer’s customized plan that can be provided to participants. Legend will provide amendments to your plan document in the event of changes in retirement plan rules and regulations. Also, in compliance with §404(c) of the Internal Revenue Code, Legend’s program offers a broad range of investment selections and educational opportunities for employees, and provides each plan participant with enough information to make knowledgeable investment decisions. Providing adequate education and reasonable investment choices effectively relieves the employer of some of the fiduciary responsibility involved with the plan.