Welcome to the ERISA Advisory Group
Since 1995, our Independent Fiduciaries and Consultants have been helping businesses across the United States stay ERISA compliant. Whether your organization offers Retirement Plans, or Health & Welfare Plans covered under the Employee Retirement Income Security Act of 1974, our team is uniquely qualified to both design your plan and maintain compliance with the law.
Welcome to the ERISA Advisory Group
Since 1995, our Independent Fiduciaries and Consultants have been helping businesses across the United States stay ERISA compliant. Whether your organization offers Retirement Plans, or Health & Welfare Plans covered under the Employee Retirement Income Security Act of 1974, our team is uniquely qualified to both design your plan and maintain compliance with the law.
What We Do
The ERISA Advisory Group has extensive experience in all aspects of employee benefit plans. Now more than ever, a fiduciary review of all benefit plans is essential to staying fully compliant. A strong fiduciary partner is critical of qualified plan management. The ERISA Advisory Group is your strong partner with comprehensive strategies to ensure you will always be compliant across all ERISA regulations.
ERISA INSIGHTS
Our ERISA Insights blog is your go-to resource for up to date information and analysis on ERISA rules & compliance issues. Every month, we publish stories about the DOL’s latest findings when investigating companies in your industry, as well as articles breaking down some of the lesser-known (and rarely talked about) best practices for operating employee benefit and retirement plans. Click the button below to start reading!
ADVICE AND GUIDANCE
Who We Serve
ADVICE AND GUIDANCE
Who We Serve
See Why Our Clients Value Us
“William, [President of the ERISA Advisory Group], has a strong background coming out of the Department of Labor. He has expertise in the area – the necessary experience to do not only the RFP process but also be able to analyze them and put together the proper documentation to support his recommendation that he makes to the Board of Directors.”
– EXECUTIVE DIRECTOR OF A BONA FIDE TRADE ASSOCIATION
The core principle behind our practice as Independent Fiduciaries is trust. Like a good accountant or lawyer, the fiduciary in charge of your employee benefit or retirement plan needs to be someone who is reliable and trustworthy. At the ERISA Advisory Group, our clients value us because we always answer your phone calls, provide solutions to problems, and deliver on our promises.
As Independent Fiduciaries, one of our highest values is placed on a principle known as the “Prudent Person” rule. This rule binds us to using our expertise in ERISA compliance and employee benefit best practices when offering advice or making decisions on behalf of your plan. In other words, we would never tell you to do something that we wouldn’t do ourselves.
Our independent relationship as your ERISA Fiduciary is crucial to maintaining the integrity of your plan. The ultimate fiduciary responsibility in operating a Health & Welfare or Retirement Plan lies in making decisions that put the interests of plan participants and beneficiaries above those of your organization or plan fiduciaries. This is the undergirding principle behind our practice, and is effective in protecting against self-dealing and other prohibited transactions.
Latest News from the DOL
Stay up-to-date with the latest news on the policy, legislative, regulatory, and litigation-driven changes to scopes of fiduciary status and ever-increasing fiduciary duties and requirements.
- US Department of Labor, Office of the Trade Representative announce resolution of alleged labor rights’ denials at Mexican garment factory
- Investigation finds Ohio food processor’s failure to guard machine’s moving parts led temporary worker to suffer amputation injury
- Statement by Acting Secretary of Labor Su on November jobs report
- El Departamento de Trabajo encuentra que procesadores avícolas pusieron en peligro ilegalmente a niños en trabajos peligrosos, robaron salarios a los trabajadores, tomaron represalias despidiendo a trabajadores
- US Department of Labor publishes agenda for online hearing on proposed retirement security rule, related proposed exemption amendments
- US Department of Labor launches program to stem rising fatality rates, promote workplace safety in landscaping, horticultural industries
- US Department of Labor recovers $86K in back wages, damages for 127 employees of Indianapolis healthcare staffing company
- Federal marshals arrest Long Island grocer who ignored court orders, demands for records in US Department of Labor investigation
- US Department of Labor recovers $266K in tips, damages for 34 employees of New Hampshire restaurant that kept workers’ tips
- Minnesota construction contractor faces $1.8M in federal penalties for exposing workers to trenching hazards for the 4th time since 2019
- Department of Labor finds poultry processor illegally endangered children in dangerous jobs, robbed workers of wages, retaliated by firing workers
- US Department of Labor awards up to $4M to reduce the risks for child, forced labor in Nepal by addressing climate change impact
- US Department of Labor cites Massachusetts concrete contractor for crushing, fall, energy hazard violations after employee fatality
- US Department of Labor cites Cartersville chemical manufacturer after 52-year-old employee suffers fatal burns
- US Department of Labor recovers $98K in back wages, damages for 32 security guards Muskegon Heights’ city government misclassified
Mitigating Liability through ERISA Compliance
Fines and penalties for not complying with ERISA totaled $931 million in FY 2022. The risk of an
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