{"id":1847,"date":"2020-11-30T15:27:47","date_gmt":"2020-11-30T15:27:47","guid":{"rendered":"https:\/\/www.amalgamatedbenefits.com\/amalgamated-employee-benefits-administrators\/?p=1847"},"modified":"2022-08-03T20:43:49","modified_gmt":"2022-08-03T20:43:49","slug":"employee-benefit-plan-sponsors-avoid-these-common-mistakes","status":"publish","type":"post","link":"https:\/\/www.amalgamatedbenefits.com\/amalgamated-employee-benefits-administrators\/employee-benefit-plan-sponsors-avoid-these-common-mistakes\/","title":{"rendered":"Employee Benefit Plan Sponsors – Avoid These Common Mistakes"},"content":{"rendered":"
Employee benefit plan sponsors have an enormous fiduciary responsibility. It is wrought with numerous landmines that must be carefully navigated in order to remain in compliance with the various regulations governing these plans. Unfortunately, too many plan sponsors fall short in this area, making common mistakes, which leave their organizations subjects to hefty fines, penalties and, in some instances, criminal consequences. In order to avoid this outcome, plan fiduciaries should take extra care to make sure they are not failing in the following areas:<\/p>\n By performing their ongoing due diligence in accordance with their fiduciary role, plan sponsors can avoid these common pitfalls and the related fallout including potential regulatory proceedings and financial penalties.<\/p>\n","protected":false},"excerpt":{"rendered":" Employee benefit plan sponsors have an enormous fiduciary responsibility. It is wrought with numerous landmines that must be carefully navigated in order to remain in compliance with the various regulations governing these plans. Unfortunately, too many plan sponsors fall short in this area, making common mistakes, which leave their organizations subjects to hefty fines, penalties… Read more »<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2],"tags":[],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.amalgamatedbenefits.com\/amalgamated-employee-benefits-administrators\/wp-json\/wp\/v2\/posts\/1847"}],"collection":[{"href":"https:\/\/www.amalgamatedbenefits.com\/amalgamated-employee-benefits-administrators\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.amalgamatedbenefits.com\/amalgamated-employee-benefits-administrators\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.amalgamatedbenefits.com\/amalgamated-employee-benefits-administrators\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.amalgamatedbenefits.com\/amalgamated-employee-benefits-administrators\/wp-json\/wp\/v2\/comments?post=1847"}],"version-history":[{"count":2,"href":"https:\/\/www.amalgamatedbenefits.com\/amalgamated-employee-benefits-administrators\/wp-json\/wp\/v2\/posts\/1847\/revisions"}],"predecessor-version":[{"id":2150,"href":"https:\/\/www.amalgamatedbenefits.com\/amalgamated-employee-benefits-administrators\/wp-json\/wp\/v2\/posts\/1847\/revisions\/2150"}],"wp:attachment":[{"href":"https:\/\/www.amalgamatedbenefits.com\/amalgamated-employee-benefits-administrators\/wp-json\/wp\/v2\/media?parent=1847"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.amalgamatedbenefits.com\/amalgamated-employee-benefits-administrators\/wp-json\/wp\/v2\/categories?post=1847"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.amalgamatedbenefits.com\/amalgamated-employee-benefits-administrators\/wp-json\/wp\/v2\/tags?post=1847"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}<\/figure>\n
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