November Monthly Educational Luncheon

Written by Welcome on November 28, 2018
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Date(s) - 11/28/2018
11:30 am - 1:00 pm

Golden Valley Golf and Country Club


“Confessions of a Former DOL Investigator”

Sam Henson, JD
SVP – Director of Legislative & Regulatory Affairs, Lockton

The thought of a federal investigator running a compliance review of your health and retirement plans is an employer’s worst nightmare.  The average recovery of a DOL examination in 2017 was more than $585,000, which doesn’t include internal resources and legal fees. With an increased enforcement emphasis, a world of litigation, and healthcare reform headaches, the DOL’s activity is presenting employers with difficult compliance obligations. Avoiding a DOL investigation is the ultimate goal, but if selected, plans must be prepared in order to achieve the best outcome.

Our luncheon will provide you with an understanding of how the DOL is organized and operates including:

  • Learning about the authority of the DOL under ERISA, and your fiduciary rights and obligations;
  • Recognizing how and why your Retirement and Health plans are selected for an investigation, including the most common issues;
  • Learning about the process of the investigation, what the DOL looks for, your obligations to provide information, and what you can expect to occur from beginning to end;
  • Getting tips and best practices to make the process run as smoothly as possible; and
  • Discussing what’s in store for employers in 2019.

About The Presenter:
In his daily role, Sam Henson oversees ERISA compliance, DOL/IRS activities, and the legislative landscape for more than 50,000 Lockton clients and 6,000 associates. He is a nationally featured speaker and author on numerous fiduciary topics, having appeared in the Wall Street Journal, Plan Sponsor, Benefits Magazine, Benefits Quarterly, Insurance News, and Business Insurance.

Prior to joining Lockton, Sam spent almost 10 years with the U.S. Department of Labor’s Employee Benefits Security Administration, where he conducted more than 150 civil and criminal investigations of employee benefits plans, service providers, and fiduciaries. Sam also supervised enforcement efforts for benefit plans funded by prevailing wage laws under the Service Contract Act and Davis-Bacon Act. He was the 2011 recipient of the Secretary of Labor’s Exceptional Achievement Award.

Sam is the 2018 ISCEBS Governing Council Vice President and the 2019 President. He also serves on the Policy Board and is Chair of the Retirement Task Force of the American Benefits Council, serves on the Board of Directors of DCIIA, and is a member of the American Bar and ASPPA. Sam earned his Juris Doctorate at the University of Missouri-Kansas City School of Law and holds CEBS – Fellow, RPA, GBA, and ASPPA – APM designations.

Insurance Continuing Education Credits Have Been Applied for in the State of Minnesota.
IF APPROVED, 1 Credit Hour Will Be Available.

Wednesday, November 28, 2018
11:15am – NEW! Registration and Networking Meet & Greet
11:30am – Lunch
11:55am – Chapter Welcome
12:00pm – Speaker Presentation

Golden Valley Golf and Country Club
7001 Golden Valley Road
Golden Valley, MN 55427

Current TCISCEBS Chapter Member Fee – $35.00
Non-Member Fee – $50.00
(If registered by Friday, November 23rd. After this date, an additional $5.00 fee will be applied)

Thursday, November 22, 2018

Friday, November 23, 2018

To register, click here (or copy and paste the following into your browser:

Posted Under: Twin Cities Chapter Events