; (B) the pooled plan provider of such plan receives no more than reasonable compensation for its services; and (C) the employer is not the pooled plan provider or a plan service provider for the plan. (2) Notwithstanding paragraph (1), eligible employers participating in such a registered pooled employer plan shall be responsible for— (A) ensuring, at the time of entering into the participation agreement and periodically thereafter (not less frequently than annually and upon any agreed-to change in the compensation of the pooled plan provider), that the compensation received by the pooled plan provider pursuant to the participation agreement is reasonable; (B) meeting the enrollment requirements applicable to such employer under the plan; (C) transmitting contributions to the plan in a timely manner in accordance with the terms of the plan; (D) providing such information and assistance as is within the sole control of the eligible employer and is needed by the plan to operate in accordance with the plan document; and (E) providing such other information or assistance as may be required in regulations prescribed by the Secretary. (3) For purposes of this subsection, the term registered pooled employer plan means a pooled employer plan if the pooled plan provider— (A) agrees in the plan document to— (i) comply with all requirements applicable to a pooled plan provider under this title and the Internal Revenue Code of 1986; (ii) assume all fiduciary responsibility for the plan (except as retained by the eligible employer under paragraph (2)) with respect to such eligible employer, including for the prudent selection and monitoring of investments and negotiation of reasonable fees; (iii) serve as the plan sponsor for purposes of this title; and (iv) notify the eligible employer reasonably in advance of the obligations of both the employer and the pooled plan provider under the pooled employer plan; (B) submits all key plan information requested by the Secretary under paragraph (5)