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Church Plan Sponsor Liability

Guest kredlin

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Guest kredlin

Is it possible to set up a church plan so that a board of trustees bears all responsibility and liability for running the plan and the sponsoring employer has no liability at all? For example, if Church A set up the plan to cover it and 20 associated churches. A board of trustees, which is elected by the 21 associated churches administers the plan. If the plan document states the board of trustees has all responsibility for administering the plan, can Church A avoid liability if benefits aren't paid, etc.?

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