Question: Identify the statement that is NOT correct about ERISA. ERISA requires the establishment of a private retirement fund for any company with more than 5

Identify the statement that is NOT correct about ERISA.
ERISA requires the establishment of a private retirement fund for any company with more than 50 employees.
ERISA imposes a fiduciary duty on plan administrators.
ERISA provides a right for an employee to sue the administrator of a plan for violations of ERISA.
ERISA imposes a minimum standard for funding of plans.
Identify the statement that is NOT correct about

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