Section 208-710-040. Initial application requirements.

Financial service firms that seek verification of retirement plans from the department of financial institutions for inclusion on the Washington small business retirement marketplace must submit a separate application for each retirement plan for which verification is sought. The following initial application materials shall be submitted to the department of financial institutions:

(1) A completed application for verification form marked "initial application";

(2) A copy of the retirement plan agreement;

(3) A copy of the materials routinely used to market the retirement plan to eligible employers;

(4) Any additional documents necessary to identify the funds and other investment products to be offered under the plan, specify the plan's fees and roll-over options, and disclose historical investment performance for the investment products in the plan; and

(5) The prospectus for each balanced fund and target date fund or other similar fund offered under the retirement plan.

[Statutory Authority: RCW 430.330.732 [43.330.732], 43.330.735, 43.330.750, and 43.320.180. WSR 16-13-016, § 208-710-040, filed 6/3/16, effective 7/4/16.]

RCW 430.330.732 [43.330.732], 43.330.735, 43.330.750, and 43.320.180. WSR 16-13-016, § 208-710-040, filed 6/3/16, effective 7/4/16.