ERISA is a federal law that sets minimum standards for retirement plans in private industry. Fill out the form below to share the job ERISAExempt Governmental Plan Withstands Putative Class Action Challenge.Mecklenburg County offers a competitive benefits package to eligible employees and their eligible dependents. From healthcare to paid holidays and vacation. File Form 5500 to report information on the qualification of the plan, its financial condition, investments and the operations of the plan. Under ERISA, employers must meet certain retirement requirements, including properly notifying employees of changes to their pension or retirement plan. Form 5500 is filed with the DOL and contains information about a 401(k) plan's financial condition, plan qualifications, and operation.