ERISA Insider Vol II., Ed. V: Considering a Captive? Here's How To Make It ERISA Compliant Captive Insurer Arrangements are becoming more popular with PEOs and large organizations that want to save on employee benefit costs. The key to success is ensuring legal compliance. Dear Employer, As a business owner or organization leader,
ERISA Insider Vol II., Ed. IV: 7 Steps To Train Your Fiduciaries In ERISA Compliance Most fiduciaries aren’t ready to face a potential EBSA Audit of your company plan. Here’s how to make them proactive and prepared. Dear Employer, Did you know that in 2020, the Employee Benefits Security Administration (EBSA) collected over
ERISA Insider Vol II., Ed. III: Why You Should Hire An Independent Fiduciary To Ensure Your ESOP Is ERISA Compliant During A Merger or Acquisition An independent fiduciary brings a special perspective to the valuation and transition process of an ESOP from a seller to a buyer. Dear Employer, Mergers & Acquisitions are some
ERISA INSIDER: VOL II., ED. II: How To Select An Expert Witness For Your ERISA Case Use these 3 elements to screen candidates for your next Expert Witness in an ERISA lawsuit. So, you’re looking for an Expert Witness to help you with your ERISA lawsuit. It goes without saying that having someone
ERISA INSIDER: VOL II., ED. I: Meet William Kropkof - President of the ERISA Advisory Group William Kropkof, founder and president of the ERISA Advisory Group, has been a trusted independent fiduciary since 1995. His experience working as a former DOL Investigator and expertise in Health & Welfare and Retirement Plan compliance sets
ERISA INSIDER: VOL I., ED. VIII: Trade Associations - 5 Things To Consider When Adopting A MEWA Multiple Employer Welfare Arrangements (MEWAs) have many benefits for Associations, but there are five key things to keep in mind so you can stay ERISA compliant. A message for the Executive Director of a Trade Association:
Is it time for your PEO health plan or retirement plan to be audited? This is something you think would never happen, but you can’t be so sure. It only takes one participant complaint call to put the audit process in motion. In addition, the Department of Labor (DOL) has yearly metrics, just like you
ERISA INSIDER VOL. I, ED. VII: Why The EBSA Is Auditing More Plans This Year For ERISA Compliance Errors Between 2017-2020 there’s been an upward trend of EBSA enforcement actions against Employee Benefit and Retirement Plans. Here’s why you could be a target for their next investigation or audit. Dear Employer, Did you know that
ERISA INSIDER VOL. I, ED. VI: How To Select An Independent Fiduciary For Your ERISA Covered Employee Benefit or Retirement Plan There are exactly 3 criteria you should look for when hiring an Independent Fiduciary to administer, operate or offer advice to your ERISA-covered plan. Dear Employer, Are you thinking about hiring an Independent Fiduciary
ERISA INSIDER VOL. I, ED. V: Fiduciaries Make Mistakes Too. Don’t Worry, There’s A Correction Program For That… If you operate an ERISA Plan, chances are you will face compliance issues. Luckily, the DOL offers Voluntary Fiduciary Correction Programs to help you keep your head above water. Dear Fiduciary, Have you ever worried about picking