Plenty of risks are associated with ESOPs. But, how do they impact your current D&O, E&O, or general liability insurance policy. Here’s the scoop.
You just launched a 401(k) plan for your employees and they couldn’t be happier! This is going to help recruiting and morale by letting employees grow their nest egg with minimal effort. But it also opens the door to lawsuits against you. Now you’re being told to look into ERISA fidelity bonds and fiduciary liability