§ 1102. Establishment of plan
(a)
Named fiduciaries
(1)
Every employee benefit plan shall be established and maintained pursuant to a written instrument. Such instrument shall provide for one or more named fiduciaries who jointly or severally shall have authority to control and manage the operation and administration of the plan.
(b)
Requisite features of plan
Every employee benefit plan shall—
(1)
provide a procedure for establishing and carrying out a funding policy and method consistent with the objectives of the plan and the requirements of this subchapter,
(2)
describe any procedure under the plan for the allocation of responsibilities for the operation and administration of the plan (including any procedure described in section
1105
(c)(1) of this title),
(c)
Optional features of plan
Any employee benefit plan may provide—
(1)
that any person or group of persons may serve in more than one fiduciary capacity with respect to the plan (including service both as trustee and administrator);