Benefit plan governance refers to the decision-making processes by which employee benefit plans are administered and managed. It encompasses the processes behind both settlor and fiduciary decisions, throughout the entire life cycle of plans. A well-structured and well-implemented governance process for employee benefit plans is valuable as a tool for promoting favorable administrative outcomes, and is essential for legal compliance and risk mitigation.
During this webinar, Gayle Skolnik and Phil Gutwein, partners in Faegre Baker Daniels' Benefits and Executive Compensation Group, will discuss what constitutes good governance for employee benefit plans. The discussion will focus on best practices and legal issues on the following topics:
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Gayle Skolnik, Partner, Faegre Baker Daniels’ Benefits and Executive Compensation Group; Phil Gutwein, Partner, Faegre Baker Daniels’ Benefits and Executive Compensation Group
Gayle Skolnik, Partner, Faegre Baker Daniels' Benefits and Executive Compensation Group, represents employers, fiduciaries and service providers with respect to all aspects of employee benefit law, including plan design, implementation and administration; government compliance; benefits aspects of corporate transactions; training and ERISA litigation. She represents and counsels clients regarding pension and profit-sharing plans, deferred compensation arrangements and executive compensation plans, tax-sheltered annuity plans and other benefits and compensation plans of tax-exempt employers, stock-based compensation plans, health and welfare plans, cafeteria plans, and other benefits programs and practices
Phil Gutwein, Partner, Faegre Baker Daniels' Benefits and Executive Compensation Group, concentrates his practice in employee benefits law. He represents employers and fiduciaries in plan design, tax and benefits law compliance, executive compensation, corporate transactions, benefits-related disputes with unions and multi-employer welfare and pension plans, and a wide variety of benefits-related litigation (ERISA and non-ERISA). Phil has significant experience with executive and incentive arrangements, including deferred compensation, stock option, retention and severance plans.
Phil also represents selling shareholders, employers, trustees, third-party administrators and fiduciary ESOP committees regarding the structure, installation and administration of ESOPs, and provides counsel on matters related to the governance, sale or acquisition of ESOP-owned companies. Phil is an active member of The ESOP Association.