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Can My Employee Dishonesty Policy Include the Necessary ERISA Requirement for My Company’s 401K Plan?

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Can My Employee Dishonesty Policy Include the Necessary ERISA Requirement for My Company’s 401K Plan?

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A Crime policy can be expanded to meet the ERISA requirement of a “bond” in an amount equal to 10% of your plan asset value, eliminating the need for you to purchase a separate fidelity bond.

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