Raleigh, North Carolina ERISA Attorneys
Employee Benefits: Welfare and Fringe Benefit Programs
Welfare and fringe benefit programs have become increasingly more regulated and involve increasingly significant financial exposure for our clients. At Herring Mills & Kratt PLLC, our Employment Retirement Income Security Act (ERISA) practice has become a significant part of our practice. We provide counsel to our clients in this complex and evolving area of law related to employee benefit plans, including qualified health, pension, and retirement plans.
Our lead attorney in this area, David C. Smith, regularly provides advice and drafting assistance to our clients in connection with ERISA and all forms of welfare and fringe benefit programs, including group medical, group life, cafeteria, dependent care, VEBA and disaster relief programs.
Contact the ERISA attorneys of Herring Mills & Kratt PLLC, in Raleigh, North Carolina, to schedule a consultation with one of our employee benefit plan lawyers.
Our clients range in size from large privately held companies to mid-size companies and small businesses, municipalities and other government organizations, tax-exempt organizations, partnerships and trusts. We serve clients in North Carolina and throughout the United States.
We proactively advise our clients concerning legal developments, including new legislation, regulations and court decisions in this area, particularly those that are relevant to containing our clients' financial exposure, both by increasing the likelihood of success in litigation or other dispute situations or requiring modifications to existing plans.
Additionally we assist clients with on-going compliance matters, and working with the Internal Revenue Service, Department of Labor, the North Carolina Department of Insurance and the Pension Benefit Guaranty Corporation on various closing agreements, audits and investigations.
Comprehensive Employee Benefit Services for Employers, Insurance Companies, and Third Party Administrators
We represent both those who are in need of employee benefit services, such as employers and in-house fiduciaries. We also represent producers of such products like insurance companies, insurance agents and consultants, and third party administrators. We understand all sides of the employee benefits business, and are effective with employers, administrators, regulatory authorities and consultants.
Samples of the kind of work that our firm has performed:
- Designing and drafting retirement, health, welfare and deferred compensation plans and trust documents
- Representing ERISA fiduciaries (including trustees, investment advisers and administrative committee members) in determining their duties
- Representing employers and fiduciaries in ERISA litigation.
- Representing employers and fiduciaries in controversies before the IRS and Department of Labor.
- Designing arrangements to retain and incent executives and other employees, including change-in-control severance agreements
- Advising plan administrators on correcting errors. Problems often arise for which no easy solution exists. Our responsibility is to help administrators implement practical solutions
- Analyzing employee benefit risks and opportunities in connection with mergers and acquisitions, and integrating the benefit programs of the combined entities
Contact the ERISA attorneys of Herring Mills & Kratt PLLC, in Raleigh, North Carolina, to schedule a consultation with one of our employee benefit plan lawyers.
