The Employee Benefits Security Administration
(EBSA) provides many forms of compliance assistance, including voluntary
compliance programs, advisory opinions, and publications. They are compiled on
the agency's Compliance Assistance
Web page. This compilation includes information specifically developed to
assist and inform employers and employee benefit plan practitioners in
understanding and complying with the requirements of the
Employee Retirement Income Security
Act (ERISA) as they apply to the administration of retirement plans. Much
of the material is specific and technical in nature. It is not intended to be
the only source of information necessary for employer sponsored employee
benefits plans to be in compliance.
Employers and plan practitioners may also benefit by reviewing
some of the more general materials available to the public at the
Consumer Information on Pension
DOL Web Pages on This
elaws Small Business Retirement
Savings Program/Employer-Employee Advisor
Provides information about
retirement savings options for small business employers and determines which
program may be appropriate for an employer.
Voluntary Compliance (DFVC)
Provides a description of the program that
reduces the monetary penalties for employee benefit plan administrators with
respect to plan filings to encourage voluntary compliance.
Correction Program (VFCP)
The voluntary compliance program is designed
to encourage self-correction of certain prohibited transaction violations of
ERISA to protect the financial security of retirement plans. This fact sheet
describes the process for making an application, the specific transactions
covered, acceptable methods for correcting violations, and examples of
potential violations and corrective actions.
ERISA Filing Acceptance
The EFAST system streamlines filing and processing of the
annual return/report forms through the use of computer scannable forms and
electronic filing technologies. This Web site provides assistance on using this
401(k) Plan Fees Disclosure
Provides employers with a way to get uniform information on
fees from prospective plan service providers to make apples to apples
comparisons of prospective plan service providers.