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Established fiduciary compliance program for qualified retirement plans with 9,000 participants/$600 million in assets; drafted documents on committee members, authority, responsibility and rules and policies for paying expenses from plan assets
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Assisted tier one automotive supplier in structuring plant closing benefits for union employees; analyzed legal issues on providing pension accruals post-plant closing and advice on benefit funding, vesting and reporting and disclosure obligations
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Restructured 16 retiree health care programs for major manufacturing company into five consolidated programs with reduced benefits and assisted with retiree communication and acceptance program
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Designed health risk assessment program that complies with ERISA, HIPAA, ADA, and GINA , integrated with employers wellness programs and incentives and determined if eligibility to participate in health plan could be contingent on completing HRA
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Provided employee benefits due diligence expertise and reviewed warranties and representations in connection with a private equity investor’s purchase of a major OEM's glass manufacturing operations in North America
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Prepared plan documents and coordinated compliance efforts in connection with merger of four defined benefit pension plans into employer’s consolidated national pension plan
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Successfully obtained IRS approval and Compliance Statement under the Employee Plan Compliance Resolution System (EPCRS) to retroactively correct 23 operational and plan document errors for major tier one automotive supplier's pension plan
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Prepared HIPAA Privacy and Security policies and procedures for client group health plans, including administrative forms, business associate agreements and plans sponsor certifications; updated documents and procedures to comply with HITECH
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Provided strategic advice and analysis for publicly traded Fortune 500 company on approach to managing multiemployer pension funds in endangered or critical status and withdrawal liability risks for more than 100 multiemployer pension funds
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Advised on large multistate welfare plan’s contracts for administering and/or insuring medical, prescription drug, life, long-term disability, short-term disability, flexible spending accounts, and employee assistance program
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Negotiated complex administrative service and outsourcing agreement for group of large related 401(k) plans
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Prepared timelines and provided compliance guidance and required documents for merger of several retirement plans, to achieve cost savings
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Prepared RFP for investment consultant search for 9 qualified retirement plans sponsored by major tier one auto supplier with over $600 million in assets; participated in interview and selection process and negotiated investment consultant contract
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Negotiated and prepared documents in asset purchase by consumer packaged goods company for transition of health benefits; analyzed avoidance of multiemployer withdrawal liability and new retirement programs for union and non-union employees
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Assisted with termination, assignment and transition of employee benefits programs in stock sale of information technology-based subsidiary of public company, including assigning certain plans to parent and transitioning other programs to buyer.
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Prepared incentive compensation plan for foreign subsidiaries of public energy and defense firm.
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Negotiated with the IRS to allow retroactive amendment to pension plan eligibility language for large manufacturing company to exclude large group of employees not intended to benefit, preventing multi-million dollar liability
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Assisted large manufacturing company in responding to Pension Protection Act funding limitations on plan distributions and benefit accruals, including union implications
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Advised manufacturing client on fiduciary duty implications and best practices of allocating expenses among multiple qualified retirement plans
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Advised manufacturing clients on ability to modify or terminate retiree health care benefits for union and non-union employees
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Advised clients on strategies for addressing Code Section 409A specified employee status for international employees
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Advised large manufacturing clients regarding Code Section 409A compliance for executive supplemental deferred compensation plans, deferred compensation plans and in-kind benefit programs
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Advised publicly traded auction house on addition of restricted stock units to existing equity compensation plan to minimize accelerated FICA tax implications for retirement age participants
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Advised tier one automotive supplier with documents and legal implications of merging multiple nonqualified deferred compensation plans with rabbi trusts into single national plan with single rabbi trust
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Assisted clients with correction methods for failing to properly withhold FICA taxes for nonqualified deferred compensation programs
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Assisted tier one automotive supplier with merging single employer union pension plan into multiemployer national pension fund; negotiated merger agreement and liability and asset transfer terms; provided technical compliance guidance
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Consulted specialty physician group regarding coordination of supplemental retirement benefits and buy-out benefits
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Designed nonqualified Section 457(f) deferred compensation programs for executive officers of Credit Union and advised regarding insurance funding options
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