Our firm has substantial experience advising employers who sponsor tax-qualified pension and retirement plans. Our attorneys design, qualify, administer and amend defined benefit pension plans, profit sharing, 401(k), and Employee Stock Ownership Plans, with special expertise in tax and ERISA considerations. The Firm works with tax-favored benefit plans, including cafeteria plans, medical plans, deferred compensation, and life insurance plans, dependent care assistance, tuition assistance, and a wide variety of fully and partially self-funded health and benefit plans, including Section 50l(c)(9) tax-exempt trusts.
The Firm’s attorneys have considerable experience in tax and ERISA aspects of the design, administration, and modification of such welfare benefits plans. Our attorneys are well researched in regard to the ever-changing health care industry, specifically with the implementation of the Affordable Care Act (Obamacare), and its effect on employers. We also create deferred compensation plans, phantom stock plans, and stock appreciation rights for clients.
The Firm represents employers in all areas of employee benefits, including COBRA, plan terminations, plan submissions, representation before the IRS, Department of Labor, and the Pension Benefit Guaranty Corporation. We regularly provide nondiscrimination testing and other forms of compliance work to qualified and non-qualified plans. We handle multi-employer pension plan issues, including withdrawal liability matters.
We are actively involved in developing employee benefits strategies for contract negotiations, mergers, acquisitions, and reductions in force. Our attorneys also handle employee benefits due diligence in mergers and acquisitions to assist the client in determining exactly what benefit costs they are assuming and how they fit with existing benefit structures.