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Plan Sponsors: What Not To Do
Colonial Surety Company Link to more items from this source
Aug. 12, 2024

"EBSA offers this list of failures to steer away from: [1] Failing to operate the plan prudently and for the exclusive benefit of participants; [2] Using plan assets to benefit certain related parties to the plan ... [3] Failing to properly value plan assets at their current fair market value, or to hold plan assets in trust; [4] Failing to follow the terms of the plan ... [5] Failing to properly select and monitor service providers; [6] Taking any adverse action against an individual for exercising his or her rights under the plan ... [7] Failure to comply with ERISA Part 7 and the [ACA] ."  MORE >>

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