ERISA Fiduciary

In addition to tax expertise, our benefits team is well versed in ERISA Title I fiduciary and prohibited transaction issues. We support employers and plan administrators in fulfilling their fiduciary obligations with respect to retirement plans in a variety of ways, including fiduciary training, governance support, and acting as thought partners in considering retirement plan fee structures, adopting managed account products, and overseeing and investment options.

For our clients in the financial services industry, we advise on investment management agreements, structure pension plan investments to avoid ERISA where possible (using venture capital operating companies (VCOCs) and real estate operating companies (REOCs), as appropriate), and help clients navigate fiduciary and prohibited transaction issues under ERISA when not.

Our lawyers frequently represent employers in DOL audits, and have extensive practical experience in helping employers utilize the Delinquent Filer Voluntary Compliance (DFVC) Program and Voluntary Fiduciary Correction Program (VFCP).

Useful Resources

Benefits Regulatory Compliance Checklist