ERISA

The United States Department of Labor Employee Retirement Income Security Act (“ERISA”) requires firms to act in the best interest of its plan’s participants and beneficiaries, ensuring that arrangements with service providers are reasonable. Oyster can provide the following services related to ERISA accounts:

Assessment
  • Review and perform Gap Analysis of Operational, Compliance and Surveillance Policies and Procedures
  • Conduct interviews to assess actual business practices versus written Policies and Procedures
  • Update Policies and Procedures, as needed
  • Training and Education

The Oyster Difference

Our experience as Chief Compliance Officers for RIA’s with significant pension plan assets under management can help your firm work through the issues of being a fiduciary or co-fiduciary, and provide assistance working with plan sponsors and participants.