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A former podcast from Lockton’s ERISA Compliance Consulting team 

You’ve reached the home of ERISA is a Friend of Mine, an informal and informational podcast series that Lockton’s ERISA Compliance Consulting team produced from 2019 to 2022. Scroll down to view and listen to any of the podcast episodes. NOTE: These podcasts have not been updated since their publication dates.

For the latest information and content on ERISA and other employee benefits issues, click below to visit Lockton’s Compliance Consulting webpage, and to learn more about our services and Lockton People Solutions.

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Jul 8, 2019

In the first episode of season two, Ed and Scott welcome their retirement compliance counterpart, Sam Henson, J.D., to the podcast. Sam introduces the guys to “ERISA hell,” or the application of ERISA to 401(k) plans. This one is not for the faint of heart.

  • What are the most common 401(k) plan mistakes?
  • If you find a mistake, is the IRS really willing to “settle all family business?”
  • How much can a 401(k) plan mistake cost you?
  • Do 401(k) plan problems really go away if you “kiss the ring?”
  • Is Ed obligated to pay Scotts 401(k) contributions if Scott “moves on?”
  • What about those participants you want to pay out but can’t find?
  • And more.