ANNUAL AUDITS FOR GROUP OF PLANS.

SEC. 345. ANNUAL AUDITS FOR GROUP OF PLANS.(a) In General.—Section 202(a) of the Setting Every Community Up for Retirement Enhancement Act of 2019 (Public Law 116–94; 26 U.S.C. 6058 note) is amended—(1) by striking “so that all members” and inserting the following: “so that—“(1) all members” ; (2) by striking the period and inserting “; and”; and (3) by adding at the end the following:136 STAT. 5381 “(2) any opinions required by section 103(a)(3) of the Employee Retirement Income Security Act of 1974 (29 U.S.C. 1023(a)(3)) shall relate only to each individual plan which would otherwise be subject to the requirements of such section 103(a)(3).” . (b) Effective Date.—The amendments made by this section shall take effect on the date of the enactment of this Act.