Sec. 609.011. NOTIFICATION BY PLAN ADMINISTRATOR. (a) The plan administrator of a plan established under this chapter may notify an employee participating in the plan that the administrator believes that: (1) a qualified vendor is having significant financial difficulties; or (2) the amount of the employee's deferred amounts and investment income invested with a qualified vendor exceeds an insured or guaranteed level. (b) A plan administrator is not liable to a participating employee for a loss resulting from the failure to notify the employee under this section.
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