To amend title I of the Employee Retirement Income Security Act of 1974 to improve enforcement under such Act.

Security and Enforcement Compliance for Retirement under ERISA - Amends the Employee Retirement Income Security Act of 1974 (ERISA) to repeal the mandate for limited scope audits. Establishes certain reporting and enforcement requirements for employee benefit plans under ERISA. Requires a plan administrator to notify the Secretary of Labor, within five business days, of: (1)...