Employee benefit plan sponsors and fiduciaries face an increasingly aggressive enforcement environment. Department of Labor (DOL), Internal Revenue Service (IRS), and Pension Benefit Guaranty Corporation (PBGC) investigations are on the rise. Thorough assessment of plan compliance and potential risk, voluntary corrections, and a vigorous audit defense when problems arise are essential.
Sidley’s highly experienced team has developed comprehensive and strategic approaches to performing internal compliance reviews, minimizing our clients’ risk and mustering the legal and factual defenses necessary to achieve successful outcomes in DOL, IRS, and PBGC investigations. Our lawyers provide critical advice at every stage, including by identifying potential issues, preparing amnesty filings, and negotiating with the appropriate government personnel.
"Sidley has a very strong team."
Chambers USA 2022, Nationwide: Employee Benefits & Executive Compensation
National Leader in DOL, IRS, and PBGC Compliance and Investigations
Sidley’s ERISA compliance and investigations team has been consistently recognized by publications, including Chambers USA and Best Lawyers. We work closely with global clients in a wide range of industries and with a variety of legal and regulatory frameworks to develop proactive compliance programs to mitigate DOL, IRS, and PBGC risks and exposure. We have a proven record of assisting clients with investigations conducted in response to DOL, IRS, and PBGC inquiries.
Our lawyers have experience representing clients across the full spectrum of DOL, IRS, and PBGC compliance and enforcement matters, including:
- Investigations by the DOL, the IRS, and the PBGC
- Internal compliance review and compliance counseling
- Voluntary corrective action
“Highly Ranked Nationally & Tier 1 in Employee Benefits (ERISA) Law – Illinois (Chicago),"
U.S. News– Best Lawyers ® "Best Law Firms" 2021