Complete Description:Offering a retirement plan can be one of the most challenging, yet rewarding, decisions an employer can make. Administering a plan and managing its assets requires certain actions and specific responsibilities. To meet their responsibilities as plan sponsors, employers need to understand some basic rules, specifically the Employee Retirement Income Security Act (ERISA). This website addresses the scope of ERISA’s protections for private-sector retirement plans and provides a simplified explanation of the law and regulations. The site is presented in English and Spanish.