Tax & Employee Benefits

Employee Benefits / ERISA

Overview

The Firm has a full service Employee Benefits practice that handles all employee benefits matters. The Employee Benefits practice has expertise in the application of all federal laws to employee benefits plans, including the Internal Revenue Code and the Employee Retirement Income Security Act of 1974. The Employee Benefits practice routinely provides guidance to clients in analyzing and addressing employee benefits issues in connection with mergers and acquisitions.

Services

Qualified Retirement Plans, Including Cash Balance and Cross-Tested Plans

The Firm's Employee Benefits practice handles all design, drafting, implementation, and ongoing compliance matters under the Employee Retirement Income Security Act of 1974 (ERISA) and the Internal Revenue Code with respect to qualified retirement plans, including 401(k), 403(b), 457, profit sharing, money purchase pension, cash balance, annuity, and defined benefit plans.

The Employee Benefits practice prepares summary plan descriptions, model participant notices, and beneficiary designation forms and assists plan administrators and trustees in addressing qualified domestic relations orders (QDROs), participants' claims for benefits, and filing requests for favorable determination letters with the Internal Revenue Service.

The Employee Benefits practice advises clients with respect to non-discrimination and coverage testing for retirement plans and responding to audits by the U.S. Department of Labor. The Employee Benefits practice has experience in addressing the funding obligations of retirement plans, including representing clients in each funding zone under the Pension Protection Act.

Contact: Jeffrey D. Gordon
Back to Top

Health and Welfare Plans

The Employee Benefits practice handles all design, drafting, implementation, and ongoing compliance matters with respect to health and welfare plans, including health, life, disability, short-term disability, accidental death and dismemberment, severance, cafeteria, health savings accounts, and dependent care spending plans.

The Employee Benefits practice prepares summary plan descriptions, model participant notices, and beneficiary designation forms, and assists plan administrators and trustees in addressing qualified medical child support orders (QMCSOs) and coordination of benefits issues.

The Employee Benefits practice advises clients on all regulatory matters concerning health and welfare plans, including the requirements of COBRA, HIPAA, USERRA, and mental health parity legislation. The Employee Benefits practice also assists plan administrators and trustees in addressing and responding to audits by the U.S. Department of Labor. The Employee Benefits practice also provides guidance to clients in the implementation of wellness programs, including disease management programs.

Contact: Jeffrey D. Gordon
Back to Top

Taft-Hartley / Multi Employer Plans

The Firm's Employee Benefits practice serves as counsel or co-counsel to numerous Taft-Hartley and multiemployer benefits funds. The Employee Benefits practice assists the trustees of Taft Hartley and multiemployer funds in the creation, amendment, dissolution, and merger of benefits plans; the selection and retention of professional advisors; the review and negotiation of investment alternatives, including alternative investments and securities lending; resolution of government audits and investigations; procurement and negotiation of fiduciary liability insurance; and regulatory compliance. The Employee Benefits practice also assists trustees in the drafting of investment policy statements.

Contact: Jeffrey D. Gordon
Back to Top

Plan Fiduciary Responsibility

The Employee Benefits practice advises benefit plan trustees and plan sponsors on all aspects of fiduciary responsibility. The Employee Benefits practice provides advice in the discharge of fiduciary duties, including benefits terminations, prohibited transactions, plan design, plan expenses, plan amendments, government audits, and fiduciary insurance.

The Employee Benefits practice also assist fiduciaries in the selection and retention of plan professionals, review of investment alternatives, plan amendments, and regulatory compliance.

Contact: Jeffrey D. Gordon
Back to Top

Executive Compensation and Non-Qualified Plans

The Employee Benefits practice handles all design, drafting, implementation, and ongoing compliance matters with respect to executive compensation and nonqualified retirement plans, including stock option plans, stock appreciation rights, phantom and restricted stock arrangements, deferred compensation plans, supplemental executive retirement plans (SERPs), supplemental benefit plans, and top hat plans. The Employee Benefits practice includes change-in-control agreements, executive employment agreements, and severance agreements.

The Employee Benefits practice provides guidance to its clients with respect to compliance with Section 409A, the review and establishment of funding vehicles such as rabbi trusts, and the implementation of individual and group annual and long-term bonus incentive arrangements and incentive retention plans.

Contact: Jeffrey D. Gordon
Back to Top

 
©2017 Parker, Hudson, Rainer & Dobbs LLP. All rights reserved. Disclaimer | Inside PHRD | File Drop | Mimecast Web Portal | Forms | Privacy Policy