MJ Companies adds benefits compliance director amid ERISA liability surge

Fiduciary breach lawsuits against employer plan sponsors are rising, and law firm talent is moving to meet the demand

MJ Companies adds benefits compliance director amid ERISA liability surge

Benefits

By Mark Rosanes

The MJ Companies has appointed Rebecca McColm as associate director of benefits compliance. Based in the firm’s Indiana office, she will provide compliance support to clients across the country.

McColm joins from Ledbetter Partners, LLC, where she served as associate attorney in one of the country’s largest Taft-Hartley benefits practices. She represented more than 100 multiemployer plans and advised on health and welfare compliance, fiduciary responsibilities, and complex transactional and litigation matters.

A specialized background in a niche market

McColm’s prior work sits within a market segment with distinct compliance demands. QBE data shows 95% of union plan members have access to health care, compared to 65% in the general commercial market. Those members are also seven times more likely to seek regular primary care visits.

In her new role, McColm will work across compliance analysis, regulatory guidance, and strategic consulting for MJ clients and internal teams. Her background spans employee benefits compliance, plan administration requirements, and fiduciary oversight across multiemployer structures.

Bryan Gross, director of compliance regulation at The MJ Companies, said McColm’s appointment positions the firm to offer clients more proactive regulatory guidance.

“As regulatory requirements continue to evolve, her expertise will enhance our ability to deliver proactive, strategic guidance that empowers each of our clients to make informed decisions and protect their organizations,” Gross said.

Rising stakes for employer plan sponsors

The compliance stakes behind that mandate are rising. ERISA requirements are now being interpreted to cover not just retirement plans but also medical and pharmacy arrangements. Lockton’s senior vice president of compliance consulting has warned that fiduciary breach class-action litigation against employer plan sponsors is on the rise.

The regulatory calendar is adding to that pressure. Employers and brokers are tracking ERISA developments around fiduciary responsibilities, fee transparency, and disclosure requirements. The Congressional Budget Office has proposed capping the tax exclusion for employer-sponsored insurance from 2026.

What the hire signals for the market

Benefits compliance specialists have historically been concentrated in law firms and plan administrators. McColm’s move to a consulting firm fits a broader pattern in the market. Employers facing a more demanding regulatory environment are looking for compliance expertise embedded within the firms that manage their wider risk and benefits programs.

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