Faegre Baker Daniels provides legal advice across the full spectrum of compensation and employee benefits matters. In addition to being highly valued by employees, these programs are financially significant to employers, providing a means to attract and retain valuable employees, foster sound financial planning, gain tax benefits and manage labor relations challenges.

We offer comprehensive services — legal advice and analysis, design and preparation, planning and counseling — for employers and service providers with complex and ever-changing needs, including:

• Retirement and welfare plan design and compliance
• Government, tribal and tax-exempt employer plans
• International compensation and benefits
• Benefit product offerings and service issues
• Fiduciary duties and plan governance
• Business transaction support
• Compensation, fringe benefit and payroll practices
• Employee stock ownership plans
• Multi-employer plan issues

Government Compliance

Benefits programs are highly regulated and increasingly complex. ERISA, COBRA, HIPAA, EGTRRA and other laws have placed federal constraints that often frustrate good intentions and confuse both employers and employees. To help employers offer competitive benefits programs without falling into serious legal traps, we counsel clients step by step to meet government compliance.

Our experience covers plan design to litigation, health insurance to stock options and corporate finance to union disputes. By working closely with clients, we develop strategies to keep them in compliance with government regulations.

Plan Design and Administration

We advise employers on the design and administration of compensation and benefit programs for their employees. We are national leaders in cash balance and hybrid plan issues; stock-based qualified plans; and government, tribal and tax-exempt employer plans. Our professionals also offer a variety of benefits-related education and training programs and workshops.

We have unique international capabilities — with lawyers focused on international benefits and mobility issues.

Product and Service Assistance

We advise some of the largest plan record keepers in the United States. Financial and service organizations turn to our lawyers for assistance with structuring financial products and service offerings, fiduciary and risk-management advice, document compliance, and administrative support.