Making Sure It Hurts: 2021 Increased Penalties for ERISA Violations

By Diane Morgenthaler and McDermott Will & Emery on February 24, 2021

Posted In Employee Benefits, Health and Welfare Plans, Labor, Retirement Plans

The Department of Labor (DOL) made inflation adjustments to a wide range of penalties for Employee Retirement Income Security Act (ERISA) violations by employee benefit plans and plan sponsors. The new penalty amounts that apply in 2021 are included herein.

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Tags: Benefit plan sponsors, CHIP, CSEC, DOL, ERISA, ERISA penalties, ERISA violations, Federal Civil Penalties Inflation Adjustment Act, health plan sponsors, Secretary of Labor, Summary of Benefits Coverage under Public Health Services Act

Diane Morgenthaler
Diane M. Morgenthaler focuses her practice on employee benefits and executive compensation. She represents clients in matters before the US Internal Revenue Service, the Department of Labor and the Pension Benefit Guaranty Corporation. Diane serves as employee benefit counsel to Fortune 500 corporations and other global corporations, and represents both public and private clients. She regularly designs and implements a variety of employee benefit plans and programs. Diane has extensive experience in employee benefit issues involved in acquisitions, reorganizations and divestitures and in the design of employee benefits plans following such transactions. She also advises clients in matters involving multi-employer withdrawal liability, fiduciary liability and benefit claims.

McDermott Will & Emery

Making Sure It Hurts: 2021 Increased Penalties for ERISA Violations

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