Overview
We make it easier for employers to attract and retain the best and brightest employees by helping them offer competitive to cutting-edge benefit packages while minimizing liabilities.
We also help service providers offer their expertise and bring innovative products to market using our knowledge of the numerous regulations that govern their industries.
Practical Solutions
Our practical solutions for plan sponsors and service providers make it possible for employees to receive much-appreciated and affordable retirement and welfare benefits.
We help minimize costs and liabilities by advising on Internal Revenue Code and ERISA requirements, in general, and fiduciary issues, in particular. Our knowledge covers qualified retirement plans, nonqualified plans, and insurances, including medical and life, allowing us to provide creative solutions with limited risk.
Service Providers
Our advice to service providers, including the insurance industry, securities broker-dealers, financial services companies, third-party administrators, managed care companies, and welfare plan claims adjusters, helps them offer the services and products that plan sponsors need with the desired tax and fiduciary impacts.
Plan Sponsors
We assist plan sponsors with the entire benefit plan life cycle, starting with which arrangements to offer, the proper selection of service providers, and drafting or reviewing plan documentation. Our ongoing counseling includes advice on fiduciary compliance, plan interpretations, administrative advice, error correction, and claims administration. We also advise on plan terminations or conversions.
We handle arrangements including 401(k) plans, defined benefit plans, IRAs, profit-sharing plans, money purchase pension plans, 403(b) plans, 457 plans, 409A plans, life insurance, medical insurance (fully insured and self-insured), cafeteria plans, wellness programs, flexible spending accounts, parking reimbursement plans, and wrap documents.
Our clients include public entities, for-profit closely held companies, controlled groups, and nonprofits.
Targeted Skills
We advise service providers as to their obligations under contract and applicable law, including ERISA, the Internal Revenue Code, the Securities Act, and FINRA Rules. Regarding welfare benefit plan sponsors and providers, we advise on numerous issues, including the Affordable Care Act, COBRA, and FMLA requirements.
We offer fiduciary advice to service providers and plan sponsors to minimize liabilities while providing proper plan services, and we defend the actions of those sponsors and service providers when questioned by a participant, beneficiary, regulatory agency, or court.
We advise on proper plan documentation and operations, including the correction of later-discovered errors. To the extent those errors are discovered by a regulatory agency, we represent our clients in audit situations.
We defend our clients in court, advise them outside of it, and frequently offer our insights at speaking engagements and in publications.