Someone I admire as a person is a Congressman from the other party. I donated when he first ran for Congress and needless to say, I get bombarded with emails from candidates around the country that I would never support. Just donated to a Councilman I know who is running for the Congressional seat where I live and I’m sure to get emails from the other party.
As a plan sponsor, you need to understand that participant data for your plan can and may be used to cross-sell other products if one or more of your plan providers sells them.
So it’s extremely important that you understand that and identify when and how it will be used because you may be asked about that on a plan audit by the Department of Labor and I assure you, saying you don’t know like Sgt. Schultz from Hogan’s Heroes won’t do you good.