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If employee benefits compliance doesn't sound fun to you, then you haven't listened to ERISA is a friend of minea podcast hosted by the Compliance Services professionals from Lockton. Join hosts Edward Fensholt, J.D., director of Compliance Services, and Scott Behrens, J.D., director of Government Relations, to learn the intricacies of the Employee Retirement Income Security Act (ERISA) and other employee benefits laws, one hilarious topic at a time. 

 

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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.