ERISA is a federal law that sets minimum standards for retirement plans in private industry. D Sign and date form (required for all applicable parties).• Single Owner: Print and sign the full name. Our ERISA attorneys at the Peace Law Firm describe some issues involving ERISA plans and beneficiaries. Contact us for help today. The Court found that the state statute "binds ERISA plan administrators to a particular choice of rules for determining beneficiary status. In addition to creating rights for Plan Participants, ERISA imposes duties upon the people who are responsible for the operation of the employee benefit plan. The court noted that only participants, beneficiaries or fiduciaries are permitted to sue under ERISA. I helped my grandfather complete the beneficiary paperwork and sent it in along with my father's death certificate. ERISA contains various provisions intended to protect the rights of plan participants and beneficiaries in employee benefit plans.