more-arw search

Q&A Forum

Getting ERISA Compliant

Ryan Miller's Profile

How does your company ensure they are ERISA compliant? Did you hire a consultant, join a group, or do your own research?

Answers

Topic Expert
Edward Abbati
Title: Vice President of Finance
Company: Location Labs
LinkedIn Profile
(Vice President of Finance, Location Labs) |

We just went through this process for the first time. Since we were above 120 employees, we had to have an audit done by an outside firm. Once we received the audit, there were an number of non-compliance issues and payments required. As a result of this audit, we hired an ERISA attorney to guide us through the compliance issue and properly setup a committee to oversee compliance.

Stephanie Banister
Title: Managing Member
Company: ERISA Wise LLC
(Managing Member, ERISA Wise LLC) |

You can also hire an Independent Fiduciary, i.e. ERISA 3(16) Plan Administrator.

www.erisa-wise.com

749 views
Topics

Get Free Membership

By signing up, you will receive emails from Proformative regarding Proformative programs, events, community news and activity. You can withdraw your consent at any time. Contact Us.

Business Exchange

Browse the Business Exchange to find information, resources and peer reviews to help you select the right solution for your business.

Learn more

Contribute to Community

If you’re interested in learning more about contributing to your Proformative community, we have many ways for you to get involved. Please email content@proformative.com to learn more about becoming a speaker or contributing to the blogs/Q&A Forum.