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.
- Department of Labor orders railroad to reinstate employee, pay $200K in back wages, damages after retaliation for safety complaints
- Department of Labor expands grain handling safety emphasis program to address continued deaths, injuries in Kansas, Missouri, Nebraska
- US Department of Labor announces over $1M in grants awarded to support mine safety, health awareness; education, training
- US Department of Labor announces $6M in grants to expand job opportunities for women in apprenticeships, nontraditional occupations
- AB Specialty Silicones must pay $1.3M federal penalty, implement comprehensive safety programs after 2019 Waukegan plant explosion
- Statement from Acting Secretary of Labor Julie Su on negotiations between USMX, International Longshoremen’s Association
- US Department of Labor, New Jersey Department of Labor strategic enforcement initiative combats illegal child labor
- US Department of Labor restructures OSHA regional offices, merging San Francisco, Seattle regions to improve operations
- US Department of Labor announces $20M in grants available for out-of-school time organizations to increase access to good jobs for underserved youth
- Department of Labor completes restructuring of OSHA regional offices, creates Birmingham region to improve operations, address growth
- Department of Labor restructures OSHA regional offices, creates Birmingham region to improve operations in Arkansas, Louisiana
- Department of Labor obtains order forbidding California transportation provider from retaliating against drivers, interfering with their rights
- US Department of Labor sues Puerto Rico security guard company for misclassifying employees as independent contractors, denying overtime
- US Department of Labor recovers $154K in back wages, damages from Georgia plastics manufacturer that shortchanged 743 workers of full overtime
- Louisiana farm ordered to pay $12K in civil penalties, debarred from H-2A program participation for threatening farmworkers, denying them water
Best Practice for ERISA fiduciary for health and welfare plans
Rising Scrutiny on Health and Welfare Plan Fiduciaries: Key Legal Cases and Best Practices In recent years,
Outsourcing Your Employee Benefit Plan RFP Process to an ERISA Independent Fiduciary
Why You Should Outsource Your Employee Benefit Plan RFP Process to an ERISA Independent Fiduciary
EBSA 2023 Monetary Results
EBSA Restores over $1.4 Billion to Employee Benefit Plans, Participants & Beneficiaries in 2023. The Employee