In response to a request by U.S. Senators Ron Wyden (Oregon), Bernie Sanders (Vermont) and Patty Murray (Washington), the Government Accountability Office (“GAO”) earlier this year completed a study and published a report...more
On November 22, 2019, the U.S. Court of Appeals for the First Circuit (the “First Circuit”) reversed the 2016 decision of the U.S. District Court for the District of Massachusetts (the “District Court”) in Sun Capital...more
On October 22, 2019, the U.S. Department of Labor (DOL) announced proposed regulations that would allow disclosures for retirement plans to be posted online. The proposal aims to make retirement plan disclosures more...more
“Exit Contribution” an End-Run Around de minimis Withdrawal Liability -
A recent ruling from the U.S. Court of Appeals for the Fourth Circuit, Sheet Metal Workers’ National Pension Fund v. Four-C-Aire, Inc. (4th Cir. July...more
9/28/2019
/ Appeals ,
Collective Bargaining Agreements (CBA) ,
Compensation & Benefits ,
De Minimis Claims ,
Deferred Compensation ,
Employee Benefits ,
Employee Retirement Income Security Act (ERISA) ,
Filing Deadlines ,
Health and Welfare Plans ,
Multiemployer Plan ,
Notice Requirements ,
Qualified Retirement Plans ,
Withdrawal Liability
Multiple Employer Plans: Proposed IRS Regulations Eliminate the “One Bad Apple” Rule -
A multiple employer plan (MEP) is a tax qualified retirement plan that is maintained by two or more employers who are not part of the...more
8/28/2019
/ Benefit Plan Sponsors ,
Department of Labor (DOL) ,
Employee Benefits ,
Employee Retirement Income Security Act (ERISA) ,
Exemptions ,
IRS ,
Multi-Employer Pensions ,
Notice Requirements ,
PBGC ,
Pensions ,
Retirement Plan
In State of New York v. United States Department of Labor, the District Court for the District of Columbia held that the U.S. Department of Labor’s (“DOL”) final regulations on association health plans (“AHPs”) issued on June...more
The U.S. Department of Labor (the "DOL") issued an Information Letter on December 8, 2018 (the “Letter”) confirming that state laws requiring written consent before amounts are withheld from employees’ wages to contribute to...more
4/3/2019
/ 401k ,
Automatic Enrollment ,
Benefit Plan Sponsors ,
Department of Labor (DOL) ,
Employee Benefits ,
Employee Retirement Income Security Act (ERISA) ,
Employer Group Health Plans ,
Filing Deadlines ,
Notice Requirements ,
Preemption ,
Qualified Retirement Plans ,
Retirement Plan
The Death of the Fiduciary Rule: the Fifth Circuit Vacates the Fiduciary Rule -
On June 21, 2018, the United States Court of Appeals for the Fifth Circuit officially vacated the Department of Labor’s (the “DOL’s”)...more