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 issues statement on United Airlines’ leave policies
- Federal cable, telecommunications contractor to pay $80K to resolve alleged hiring discrimination at Hauppauge, New York, facility
- US Department of Labor recovers more than $1.5M in back wages, damages for 430 HVAC technicians misclassified by Dallas-area company
- US Department of Labor recovers more than $1M in back wages from South Carolina federal contractor for 43 workers
- Framing contractor again found exposing workers to deadly fall hazards, twice in less than 2 weeks at Perrysburg worksites; faces $199K in fines
- US Department of Labor investigation leads major maritime cargo shipping operator to change reporting policy for employees
- Department of Labor, Office of the Trade Representative seek review of alleged labor rights denial at Impro Industries in San Luis Potosí
- US Department of Labor recovers $135K in back wages, damages for 57 employees denied overtime by Minnesota homecare provider
- Acting Secretary Su visits Georgia for Blue Bird Corp. first contract signing; spotlights Biden-Harris administration’s support for unions in the South
- Department of Labor cites South Jersey water tower painting contractor for 3 willful, 19 serious violations after investigation of worker’s 80-foot fall
- Court orders Minnesota IT company to restore $29K in employee retirement plan contributions, bars employer from operating plan
- Investigators find continued safety failures by US subsidiary of global meat casing manufacturer contributed to 2 employees’ suffering severe injuries
- US Department of Labor awards $1M to provide employment, training services for workers displaced by mass Tesla layoff in Texas
- US Department of Labor awards more than $2M in funding to support disaster recovery in Texas after severe storms, tornadoes, flooding
- Blaze Fast Fire’d Pizza franchisee faces $277K in penalties after federal investigators find dozens of children employed illegally at 10 Nevada locations
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
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.