This advisory opinion concerns how the definition of employee welfare benefit plan and the definition of multiple employer welfare arrangement might apply to a program of administrative services.

Whether stop-loss insurance policies purchased by a plan sponsor to manage risk associated with a self-insured contributory welfare plan would constitute plan assets.

Whether a long term disability program is an "employee welfare benefit plan" within the meaning of ERISA 3(1) sponsored by the California Law Enforcement Association as an "employees' beneficiary association" within the meaning of ERISA 3(4).

Whether certain deferred prosecution agreements entered into by an investment manager's affiliate constitute criminal "convictions" for purposes of Section I(g) of PTE 84-14, thereby disqualifying the investment manager from acting as a qualified professional asset manager under PTE 84-14.

Whether the delivery of a "summary prospectus" satisfies certain disclosure requirements of PTE 77-4.

This advisory opinion concerns the application of ERISA plan asset and fiduciary obligations to contractual arrangements between plans and service providers whereby a plan obtains credits or rights to share in revenue sharing payments the service provider receives as a result of plan investments.

Whether documents involving participation in the Teamsters Joint Council No. 73 Pension Plan by “officers, business agents, trustees, or clerical employees” of the Joint Council and local unions affiliated with the Joint Council constitute “collective bargaining agreements” for purposes of making an election that the plan be treated as a multiemployer plan pursuant to ERISA section 3(37)(G)(i)(II).

This advisory opinion concerns the application of the fiduciary and prohibited transaction provisions of ERISA to certain “cleared swap” transactions conducted pursuant to provisions of the Dodd-Frank Act.