Independent, Experienced, and Committed to Protecting Your People and Your Plan
At ERISA Advisory Group, we specialize in providing independent, Trustee services to companies establishing or maintaining an Employee Stock Ownership Plan (ESOP). With more than 25 years of exclusive focus on ESOP transactions and oversight, we've become a trusted partner for business owners, boards of directors, legal advisors, and employee participants alike.
Whether you're initiating your first ESOP transaction, preparing for succession, or need an experienced ongoing trustee to safeguard plan compliance, we bring the experience, regulatory credibility, and participant-centered approach you need.
Why Companies Nationwide Trust ERISA Advisory Group
Over Two Decades of
Specialized ESOP Experience
Since 1997, we've served as trustees in hundreds of ESOP transactions—from closely held companies to large-scale organizations—across industries such as construction, commercial HVAC, electrical contracting, engineering services,food service, retail services, electronic sales and distribution and manufacturing.
A Recent transaction includes a Trustee appointment for Goottee Construction, supporting sustainable ownership transition
Clean Track Record with DOL and IRS
In more than two decades of trustee work, none of our ESOP plans have ever been penalized or litigated. While we've supported clients through document requests and reviews, no investigations have escalated to audits or enforcement actions. Our compliance-first philosophy protects you, the company and most importantly, the participants of the ESOP from costly errors.
Direct Access for Participants
As ongoing trustees, we provide participants with direct phone and email access to our fiduciary team, We take the time to answer questions, confirm distributions, and explain vesting and account activity clearly and promptly.
Hands-On Fiduciary Guidance
Not Just Oversight
Unlike firms that "rubber stamp" documents, we actively engage in every step of the ESOP process. We review plan design, coordinate with valuation and legal experts, and ensure participants are protected. We don't just serve as trustees—we serve as stewards of your company's legacy and your employees' future.
Government-Tested
Fiduciary Expertise
Our founder, William Kropkof, spent seven years as an investigator with the U.S. Department of Labor's EBSA division. Today, we are one of the few firms regularly appointed as independent fiduciaries by the DOL, IRS, and U.S. Federal District Courts, handling complex ERISA plan resolutions. That same depth of expertise supports your ESOP from day one.
Our ESOP Trustee Services
Transactional Trustee
For companies establishing a new ESOP, selling to an ESOP, or undergoing a significant plan event, we act as the independent fiduciary representative for employee-owners during the transaction. Our services include:
Ongoing Trustee
Following the close of your ESOP transaction, we can remain on as your ongoing independent trustee, providing year-round fiduciary oversight and participant support. Services include:
What Sets Us Apart
Hear From Companies Like Yours
"Erisa Advisory Group's attention to detail and steady leadership made our ESOP transaction smooth and defensible. Their team felt like an extension of ours."
"They don't just know the rules—they understand our people and protect them."
Let's Talk About Your ESOP
Whether you're a founder planning your legacy, an advisor assembling a transaction team, or a board member looking for better trustee support, we're ready to help you protect your plan and people.
