Employee Benefits Law Group

Guidance. More than just Legal Advice.

Employee Benefits Law Group
Home > Resources > ESOP > For Internal ESOP Trustees: An Overview of Audits, Lawsuits, And Insurance Issues

For Internal ESOP Trustees: An Overview of Audits, Lawsuits, And Insurance Issues

by

You are the ESOP’s trustee or administrative committee member and an employee. What exactly are the risks you take as an internal plan fiduciary? What can you do to prepare for a DOL investigation and how do you handle one when it comes? What kinds of claims can participants and beneficiaries make in a lawsuit? Can you be insured against these risks? In this in-depth article, we answer these questions and more so you have a complete picture of what to expect when you agree to take on the responsibility of being a fiduciary.

Interested in learning more about audits, lawsuits, and insurance issues? Please fill out the form to access the full article.

  • This field is for validation purposes and should be left unchanged.

About Employee Benefits Law Group

Employee Benefits Law Group is a deep and diverse team of experts working to make your life easier and improve your outcomes in every aspect of employee benefits. Our clients know we listen, probe and understand their challenges and objectives. We ask the questions they didn't know needed to be asked. They count on us to deliver solutions that become part of their company's overall success.

Meet the Team

EDITOR’S NOTE: We did the best we could to make sure the information and advice in this article were current as of the date of posting to the web site. Because the laws and the government’s rules are changing all the time, you should check with us if you are unsure whether this material is still current. Of course, none of our articles are meant to serve as specific legal advice to you. If you would like that, please call us at (916) 357-5660.