DOL Investigations of Employee Benefit Plans: Responding to Enforcement Actions, Audits, and Settlements
A live 90-minute premium CLE video webinar with interactive Q&A
This CLE course will prepare employee benefits counsel to represent plan fiduciaries and sponsors facing Department of Labor (DOL) investigations or lawsuits. Our experienced panel will discuss how to navigate the investigation process, offer practice pointers on working with the Employee Benefits Security Administration (EBSA) investigators, discuss strategies for determining and implementing corrective action, and offer insights into entering into a settlement agreement with EBSA or with the DOL's Solicitor's Office if referred for litigation.
Outline
- Overview of DOL/EBSA regulatory scheme and enforcement initiatives
- Best practices for responding to investigations and audits
- Working with auditors and investigators
- Corrective action and settlements
Benefits
The panel will review these and other relevant issues:
- What factors should counsel to plan sponsors or plan fiduciaries consider when determining whether to seek settlement of an enforcement action?
- What are the challenges and pitfalls for negotiating settlements and penalties with EBSA? With the DOL's Solicitor's Office?
- What are best practices for ensuring compliance and avoiding agency scrutiny?
- What are the DOL's enforcement initiatives focusing on in 2024 leading into 2025?
Faculty
Angel L. Garrett
Director
Trucker Huss
Ms. Garrett represents plan sponsors, fiduciaries, and service providers in ERISA class action and single plaintiff... | Read More
Ms. Garrett represents plan sponsors, fiduciaries, and service providers in ERISA class action and single plaintiff lawsuits nationwide. She has a broad range of experience in employee benefits law and fiduciary breach matters.
CloseMichael Schmit
Senior Director
Alvarez & Marsal
Mr. Schmit is a Senior Director with Alvarez & Marsal Tax in Denver. He specializes in compensation and benefits,... | Read More
Mr. Schmit is a Senior Director with Alvarez & Marsal Tax in Denver. He specializes in compensation and benefits, with a specific focus on qualified retirement plan compliance and administration issues. Mr. Schmit is frequently engaged to represent clients related to Internal Revenue Service (IRS) and Department of Labor (DOL) audits, examinations, and investigations. He also assists clients with qualified plan compliance issues, including correction through IRS and DOL correction programs.
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