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.
- Mine manager pleads guilty to second-degree manslaughter for recklessly operating crane that killed Grafton mine mechanic
- US Department of Labor recovers $447K in back wages, damages for 60 grocery workers denied overtime by Kern County employer
- Departamento de Trabajo recupera $447,000 para 60 trabajadores de tiendas de alimentos a los que empleador en condado de Kern no pagó horas extras
- El Departamento de Trabajo organizará un foro en línea el 8 y 9 de mayo sobre el cumplimiento de las normas federales en el lugar de trabajo
- Department of Labor to host online forum May 8-9 for employers, workers, other stakeholders on compliance with federal workplace regulations
- Court appoints independent fiduciary to distribute $597K from abandoned profit-sharing plan to employees of defunct Delaware County mushroom farm
- El Departamento de Trabajo publica una norma definitiva que reduce la exposición al polvo de sílice y protege mejor la salud de los mineros frente a enfermedades laborales irreversibles
- Remarks by Acting Secretary Su announcing final rule to reduce miners’ exposure to silica dust, improve health of nation’s miners
- US Department of Labor finds employee fatally injured after manufacturer failed to protect her from caught-between, struck-by hazards
- Department of Labor issues final rule reducing silica dust exposure, better protecting miners’ health from irreversible workplace illnesses
- Department of Labor recovers $254K in back wages, damages for 20 workers denied overtime by Bergen County landscaping company
- US Department of Labor provides support to families of fallen workers, stresses importance of workplace safety on Workers Memorial Day
- US Department of Labor recovers $34K in back wages, benefits for 9 workers misclassified by subcontractor on federal project in District of Columbia
- US Department of Labor cites South Florida contractor for lack of heat illness prevention program after heatstroke claims 26-year-old worker’s life
- US Department of Labor finds 149 children working later, longer than legally allowed at 7 Freddy’s Frozen Custard & Steakburgers locations
EBSA 2023 Monetary Results
EBSA Restores over $1.4 Billion to Employee Benefit Plans, Participants & Beneficiaries in 2023. The Employee
Exploring Common Types of ERISA Fiduciary Services
As a business owner, you know that managing employee benefits is an important part of running your company.
Mitigating Liability through ERISA Compliance
Fines and penalties for not complying with ERISA totaled $931 million in FY 2022. The risk of an