Since the Affordable Care Act (ACA) was passed in 2010, Single Employer Plans have come under more scrutiny than ever before. Unfortunately, many employers don’t have the resources or expertise in-house to keep up with the ever changing sea of legislation and regulations that govern ERISA Health and Welfare Plans & ERISA Covered Retirement Plans.
As a result, the US Department of Labor has taken an increased interest in ERISA Plans in recent years.
In 2019 alone, the Employee Benefits Security Administration (EBSA) recovered more $2.5 billion dollars from enforcement actions against employers who were out of compliance. Additionally, the DOL closed 275 criminal cases and indicted 76 people for crimes related to Employee Benefits Plans.
At the ERISA Advisory Group, we’re passionate about helping small and medium-sized businesses throughout the nation develop strong Employee Benefit & Retirement Plans that are also ERISA compliant.
Our mission is to help our clients be proactive instead of reactive, so you are prepared to face any compliance challenges that may come your way.
ERISA Compliance Services
We pride ourselves on the fact that we’ve been ERISA Independent Fiduciaries helping businesses like yours since 1995. Over the years, we’ve learned almost everything there is to know about how to build strong plans that work – and keep you out of trouble with DOL.
If you’re considering working with an Independent Fiduciary who specializes in ERISA Plan Management & Compliance, then take a look at our comprehensive ERISA covered plans and our ERISA compliance services that we provide to small and medium-sized businesses:
Contact ERISA Advisory Group For Single Employer Plans
Are you in need of ERISA compliance services or ERISA covered plans? If so, then contact the ERISA Advisory Group today. We have over 25 years of experience in ERISA compliance as an independent ERISA fiduciary.