Employee Benefits & ERISA

Businesses need to provide creative and cost-effective compensation and benefits to their employees, yet they face laws and regulations growing constantly in number and complexity. Baird Holm attorneys provide sophisticated, practical legal advice to our clients regarding employee benefits, compensation and ERISA matters.

Tax-Qualified Retirement Plans

Our clients benefit from our capabilities in designing creative ways to deliver tax-qualified benefits under retirement plans, such as 401(k) programs, ESOPs, defined benefit, money purchase, pension and cash balance plans. In addition, we provide counseling to employers concerning the operation of those plans.

Welfare Benefit Plans

We regularly advise clients on the content and efficient administration of plans providing health/medical, disability, accidental death, and life insurance benefits, as well as programs relating to post-retirement benefits, post-employment coverage, dependent care, and employee assistance benefits. Our advice includes practical strategies for ensuring that employers' benefit plans comply with federal laws such as the Consolidated Omnibus Budget Reconciliation Act (COBRA), the Health Information Portability and Accountability Act (HIPAA), and the Affordable Care Act (ACA).

Executive Compensation Planning

Our clients seek Baird Holm's legal expertise to help them implement company-wide or individual executive compensation packages that provide executives a level of compensation commensurate with the demands placed upon them, while at all times conforming to an area of law that is rapidly evolving.

ERISA Advice and Litigation

Our ERISA expertise is extensive and includes helping companies develop, implement, modify and terminate ERISA programs and fiduciary arrangements. In addition, we have negotiated settlements and litigated disputes involving a broad variety of ERISA claims.