Employee Benefits and Executive Compensation

Hickmon & Perrin, PC advises employers, administrators, and fiduciaries regarding qualified retirement plans governed by the Employee Retirement Income Security Act of 1974, as amended (ERISA) and the Internal Revenue Code of 1986, as amended (the Code). The firm does not represent individual employees in actions against employers, plan sponsors, or ERISA fiduciaries.

The firm also advises clients in connection with ERISA-governed employee welfare benefit plans, including Code Sec. 125 arrangements.

The firm’s focus is to provide its clients with guidance to ensure that they remain compliant with the complex rules and regulations imposed by the U.S. Department of Labor and the U.S. Treasury Department and IRS.

Qualified plans

Hickmon & Perrin, PC advises clients in connection with:

  • Defined Contribution Plan & Defined Benefit Plan Design
  • The adoption and amendment of qualified plans
  • Summary plan description (SPD) review and preparation
  • Plan governance and compliance
  • Fiduciary responsibilities
  • IRS determination letter application submissions
  • IRS Voluntary Correction Program (EPCRS) submissions
  • Department of Labor Voluntary Fiduciary Correction Applications
  • IRS and Department of Labor audits
  • USERRA compliance
  • ERISA claims and disputes
  • TPA contract review and selection
  • Investment advisory firm contract review and selection

Non-qualified deferred compensation

Hickmon & Perrin, PC advises publicly traded companies, privately held businesses, and charitable and tax-exempt entities in connection with:

  • The design, implementation, and maintenance of nonqualified deferred compensation arrangements including:
  • Executive Stock Bonus Plans
  • Restricted Stock Arrangements
  • Bonus Compensation
  • Phantom Stock & Stock Appreciation Rights
  • SERPs
  • Top Hat Plans
  • 401(k) Mirror Plans
  • Elective Deferred Compensation Plans
  • Employment Agreements Containing Severance or Buy-Out Provisions
  • Code Section 409A compliance
  • Code Sections 457 and 457A compliance for charities and not-for-profit entities

Employer-sponsored group health and welfare benefits

Hickmon & Perrin, PC advises clients in connection with:

  • ERISA Compliance
  • USERRA Compliance
  • COBRA related issues
  • Code Section 125 Cafeteria Plans
  • Health Reimbursement & Health Savings Accounts
  • Family Medical Leave Act (FMLA) issues
  • ERISA claims and disputes