The Employee Retirement Income Security Act of 1974 (ERISA) is a federal law that sets standards retirement and health benefit plans in private industry must follow. ERISA provides that those individuals who sponsor and manage plans meet certain standards of conduct. The law also contains detailed provisions for reporting to the government and disclosure to participants. To meet their responsibilities as plan sponsors, employers need to understand the basic rules that apply. At Admin Support Group we help our clients meet their obligations by providing:
- Fiduciary Requirements for Disclosure in Participant-Directed Individual Account.
- General Reporting and Filing Assistance.
- Positive and productive relationships with clients for business growth.
- Acknowledgement of client needs and customizing plans to meet their needs.
- Client support and effective communications.
- Prompt and professional attention to client concerns.
- Proactive communication to clients about company products and services.
- Prompt and accurate handling of client requests.
- Constant up-to-date knowledge about IRS and ERISA regulations, compliance, and testing methods.