Compliance Consulting: ERISA Compliance

Your business, like many others, is challenged by the rules and regulations that apply to all types of retirement, health and welfare, funding and executive compensation programs. Aon has a team dedicated to tax, ERISA compliance and plan governance. 

Aon ERISA Fiduciary Expertise

Aon’s Tax & ERISA team provides sophisticated compliance consulting services with an emphasis on developing creative, practical solutions for you within the framework of statutory or regulatory guidance.

The team is experienced in navigating the complex rules that apply to health and welfare, defined benefit, defined contribution, and health and welfare plans, including

• Plan design
• Testing
• Fiduciary compliance
• Funding
• Plan administration
• Employee communications
• Plan documentation
• Mergers and acquisitions
• Partial terminations
• Summary plan descriptions
• Reporting and disclosure requirements
• Collectively bargained benefits
• Legislative and regulatory issues
• Benefit-related litigation
• Spin-offs, restructuring, and other transaction-based benefits consulting
• Strategies to redeploy excess plan assets
• Benefit security planning and design
• General tax & ERISA consulting
  

Several of our consulting attorneys have previously worked for the Internal Revenue Service and U.S. Department of Labor and have particular insights into the regulatory agencies and their approach to compliance and plan audits. Our Washington, D.C., office keeps in constant contact with legislators and regulatory agencies, and apprises you about new statutory and regulatory developments under the Internal Revenue Code and ERISA.

Integrated Actuarial, Legal and Consulting Services

We have closely aligned our compliance consulting practices to assure a coordinated approach to all relevant policy, tax, ERISA, compliance, financial and administrative issues. Working with our compliance actuaries, our consultants are uniquely qualified to advise you not only on compliance issues, but also assist you in implementing strategic and cost-effective solutions. 

Aon Compliance Innovation

Our Tax & ERISA team is thorough and strategic in its approach. When existing processes run contrary to the Internal Revenue Code or ERISA, we find other practical paths and bring new ideas to the table, so you can choose those that work best. 

We recognize that ERISA and Fiduciary compliance solutions developed for one employer may be inappropriate for you. Aon Consulting considers your organization from the inside and recommends alternative approaches that conform to your objectives.

Aon Client Experience

Our team has extensive experience handling tax, ERISA, and compliance-related issues associated with large multistate employers that have multiple business lines, in addition to different plan provisions and procedures for various sub-groups of employees.

The team addresses your ERISA compliance issues from a regulatory, actuarial, testing and reporting and disclosure perspective. We work directly with your existing advisors and, when appropriate, evaluate their approaches to help you achieve your business and financial objectives.