Download Full PDF
The Employee Retirement Income Security Act of 1974 (ERISA) is a federal law that sets minimum standards for employee benefit plans maintained by private-sector employers. ERISA includes requirements for both retirement plans (for example,401(k) plans) and welfare benefit plans (for example, group health plans). ERISA has been amended many times over the years, expanding the protections available to welfare benefit plan participants and beneficiaries.
ERISA includes standards of conduct for those who manage employee benefit plans and their assets, who are called “fiduciaries”.
This Compliance Overview includes a set of frequently asked questions (FAQs) to help employers understand the basic fiduciary responsibilities applicable to group health plans under ERISA.
We Make it Easy
Let us take the stress out of managing employee benefits.
Schedule a Call
We’ll ask a few questions, review your current benefits and determine your goals.
Let us Do the Leg Work
Based on your needs and budget, we’ll research all available options and help you select the right plan for your employees and your business.
Bask in the Glory
When you’re confident due diligence has been done, and you’ve selected the right plan it’s time to sit back and relax - or get to everything else on your list.