Fiduciaries (trustees) can find themselves personally liable for losses to benefit plans due to alleged breach of their duties, whether intentional or unintentional. If the Department of Labor brings an action, fiduciaries can also face civil penalties.
Recent litigation on major cases has increased the potential for past and present employees to perceive they have been wronged. Lawsuits can cast enormous amounts of money to defend and settle.
AHERN understands the needs of each client are unique. We work closely with our clients to create a comprehensive program that is competitively priced.