While the increasing scope of benefit
options creates more choices, it also expands
requirements for compliance; the complexity
of regulatory requirements and the volume
of on-going documentation grow every year.
Knowledgeable, independent legal counsel
is now more critical than ever.
We design and implement qualified retirement
plans and welfare benefit plans, including
pension and profit sharing plans, 401(k)
plans, target benefit, stock bonus, and
employee stock ownership plans (ESOPs).
We assist clients in meeting a wide range
of reporting, disclosure, and compliance
requirements, including:
- Preparing IRS
submission documents to obtain favorable
determination letters for initial
and continued qualification, or for plan
termination.
- Submitting plans to the
Pension Benefit Guaranty Corporation
for approval.
- Revising and modifying
plans to meet emerging compliance requirements.
- Preparing
summary plan descriptions and other
employee communications required for
qualified retirement plans.
- Representing
clients in audits, appeals, or litigation.
We structure nonqualified, deferred
compensation plans, including executive
compensation and incentive plans,
salary and benefit continuation
plans, excess benefit and
other retirement plans, stock option,
appreciation rights, restricted
stock plans, deferred compensation
contracts, and Section 457 plans
for tax-exempt organizations and
governmental units.
We work with clients on
the vast array of welfare and
flexible benefit program options available
for employees. We prepare all types
of welfare plans, including cafeteria
plans, flexible spending accounts,
and insured and uninsured medical
benefit programs. We work with clients
and other professionals in developing
plans for life insurance, disability
benefits, dependent care, education,
and COBRA continuation coverage.
