ERISA Compliance: Offense Is Your Best Defense
September 26, 2025
VISION 2 VALUE
ERISA Fiduciary Training Program
ERISA fiduciary training is the foundation of a well-documented prudent process and legally compliant employee benefit program that is competitive and promotes the health and financial well-being of employees. It enhances recruitment, retention, remuneration of employees, risk mitigation, and adds value to employees, shareholders, and the company in general.
Your Fiduciary readiness checklist
QPWB's ERISA & Employee Benefits Practice Group
Core Elements of the VISION 2 VALUE Program
Vision
Design, implement, and administer a legally compliant employee benefit program that is competitive and promotes the health and financial well-being of employees through a well-documented prudent process.
Value
Structure your benefits plan to encourage employee recruitment, retention, and remuneration, mitigate risk, and enhance stakeholders’ interests.
Risk
Understand the risks for sponsors of employee benefit plans 401(k) and non-governmental 403(b) plans, including increased risk of DOL enforcement actions, class action participant lawsuits, and lawsuits that challenge fiduciary governance deficiencies. In 2024, the US Department of Labor’s Employee Benefits Security Administration (EBSA) recovered $1.384 billion in direct payments to plans, participants, and beneficiaries. The reported settlements of some of the involved cases are staggering.
