Client Spotlight - Asbury Theological Seminary - Bim Group

Client Spotlight – Asbury Theological Seminary

ATS Logo v3.1 - Wide (CMYK 308PC)

 

Asbury Theological Seminary was founded in 1923 by H.C. Morrison with a class of three students and an audacious seal that said, “The whole Bible for the whole world.” President Timothy C. Tennent currently leads Asbury Seminary in its mission “to prepare theologically educated, sanctified, Spirit-filled men and women to evangelize and to spread scriptural holiness throughout the world.”

Almost 100 years later, the Seminary has more than 10,000 graduates serving in every time zone around the world through social justice initiatives, government, art, mission organizations, education and the church. Today, Asbury Seminary enrolls more than 1,600 students, representing more than 90 denominations and 40 countries. Alumni of the Seminary serve around the world in 77 countries, all 50 states, and in more than 157 denominations.

Asbury Seminary values the business relationship the Benefit Insurance Marketing provides. However, the relationship has become more personal over the years. BIM is an integral part of the Asbury community, providing a great source of compliance information, preparing analytical data and negotiating skillfully with our insurance carriers. BIM is an invaluable partner in helping ATS care for our employees.

For more information, visit: http://asburyseminary.edu/

 

Recent Insights

May 7, 2024
DOL, ERISA

Inflation Adjusted Penalties for Health and Welfare Plans

READ TIME: 5 MINUTES The Department of Labor (DOL) recently released a final rule providing the adjusted civil penalty amounts for certain health and welfare plan violations assessed after January 15, 2024. The Employee Retirement Income Security Act (ERISA) provides for the imposition of penalties for a number of plan-related failures or administrative errors and […]
Read more
May 7, 2024
Compliance Alert

April 2024 Compliance Recap

READ TIME: 7 MINUTES In April, a ban went into effect for most non-compete clauses, and the Centers for Medicare and Medicaid Services (CMS) portal opened for RxDC reporting submissions due June 1, 2024. The Equal Employment Opportunity Commission (EEOC) released final regulations mandating how employers with 15 or more employees must handle accommodation requests […]
Read more
April 22, 2024
News

Do You Know Where Your Employees Are? Managing Taxes for a Growing Remote Workforce

READ TIME: 5 MINUTES Remote work remains a growing focus of employers with employees increasingly seeking jobs that permit remote or hybrid work arrangements. Though the flexibility and benefits of remote work for employees is highly desired, it comes with some additional considerations and potential tax complications for the employer. State Income Tax Withholding Considerations […]
Read more
April 22, 2024
COBRA, Compliance Alert

Group Health Plan Guide to COBRA

The Consolidated Omnibus Budget Reconciliation Act (COBRA) gives workers and their families who lose their health benefits due to job loss, reduction in hours, death, divorce, and other life events the right to choose to temporarily continue health benefits provided by their group health plan. This guide includes: Employers required to offer COBRA Plan types […]
Read more