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Employee Benefits & Executive Compensation Associate Attorney Polsinelli PC
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Farmer & Betts, Inc.
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Administrator/Consultant (DC and DB) TPA Professionals |
Nicholas Pension Consultants
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Retirement Plan Documents Specialist Loren D. Stark Company
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Retirement, LLC
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Employee Benefits and Executive Compensation Associate Attorney Verrill
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Jr Retirement Plan Administrator/ Administrative Assistant Hochheiser Deutsch & Co, Inc.
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Pentegra
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Retirement Plan Legal Specialist Pentegra
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| The #1 Reason Multiemployer Plans Fail a DOL Audit International Foundation of Employee Benefit Plans [IFEBP]  May 21, 2015 "Multiemployer plan trustees have a fiduciary duty under ERISA to make sure the fund is receiving all employer contributions that are due, based on participants' hours worked. This means they must follow up when employers neglect to send their contributions on time (in other words, when they're delinquent). This also means trustees need to make sure that the correct amounts are received. If trustees neglect this fiduciary responsibility, they can be personally liable. They help fulfill this duty by having a payroll audit performed by a knowledgeable and experienced auditor." |
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