We serve as ongoing legal counsel and technical advisors for third party administrators, recordkeepers, actuaries, banks and trust companies, investment providers, consultants, insurance benefit providers, and other service providers to employee benefit plans.
We understand their business goals and challenges in the complex and quickly evolving field of employee benefits and we help them operate their business from both a competitive as well as a regulatory basis. Given our extensive experience with advising plan sponsors, we are uniquely qualified to provide practical and valuable legal advice to plan service providers.
Some of the legal services we provide to third party administrators and other service provider clients include:
- Answering technical and regulatory questions to help them better serve their clients
- Preparing engagement agreements with their clients
- Reviewing administrative forms and other compliance matters
- Drafting and reviewing contractual agreements with other service providers and business entities
- Defending against claims
- Providing advice on whether and how to market services and products
If you'd like to know more
- Tax-Exempt Entities and State/Local Governments Have New Flexibility in Designing Annual and Long-Term Bonus Incentive Plans
JAHIZ NOEL AGARD, October 2016 This client alert discusses how tax-exempt entities and state/local governments (“eligible employers”) can take advantage of the new rules in the Internal Revenue Service (“IRS”) proposed regulations (issued on June 22, 2016) regarding Internal Revenue Code (“Code”) Section 457(f) (the “Proposed Regulations”) to design more flexible and easier-to-administer annual and […]READ MORE
- Newly Issued 457(f) Proposed Regulations Clarify Rules for Nonqualified Deferred Compensation Provided by Non-Profit and Governmental Entities
J. MARC FOSSE, July 2016 The long-awaited Internal Revenue Service (“IRS”) proposed regulations regarding implementation of Section 457(f) of the Internal Revenue Code (“Section 457(f)”) are finally here. The proposed Section 457(f) regulations (the “Proposed Regulations”) provide some guidance that was expected, but also provide surprising new developments that tax-exempt non-profit and governmental1 employers (“eligible […]READ MORE
- Reproposed Regulations on Financial Institution Incentive-Based Compensation Expand Definition of Covered Institutions and Require Significant Changes to Incentive-Based Compensation Arrangements
J. MARC FOSSE, May 2016 — Section 956 of the Dodd Frank Act requires six different federal agencies (the “Agencies”) to jointly issue rules regulating incentive-based compensation at covered financial institutions by (1) prohibiting incentive-based compensation arrangements that encourage inappropriate risks by providing excessive compensation or that could lead to a material financial loss and […]READ MORE