Jeanne focuses her practice on all aspects of ERISA and employee benefit matters, specifically the design, development and implementation of various retirement and welfare benefit plans. She has significant experience in advancing 401(k) profit sharing plan designs including use of safe harbors, carve out eligibility, automatic enrollment, individual platforms, cross-testing formula for passing non-discrimination, and daily valuation. She also has worked extensively in developing Cash Balance, Pension and ESOP plan designs.
In addition, Jeanne has assisted with Employee Stock Ownership Plans (ESOPs) which has included preparing financials for feasibility analysis, submitting leveraged ESOP proposals to obtain financing, negotiating financing with institutions, introducing ESOP to employee base, and providing continuing education to ESOP trustees and administrators. She has submitted more than 200 plans to the Internal Revenue Service (IRS) for favorable determination letters and has successfully negotiated and obtained such favorable letters for each plan submitted.
Jeanne regularly counsels closely-held businesses and provides owners with contract issues, tax strategies, business succession and estate planning. She has worked with clients to address issues during collective bargaining agreement negotiations and assisted on multiemployer (union) pension withdrawal liability matters. She assists in establishing welfare benefit packages specifically designed for attracting top talent, and reviews these plans for compliance purposes and identifying and correcting failures. Jeanne has established Voluntary Employee Beneficiary Association's (VEBAs) for alternative benefits so as to reduce costs of overall welfare plans while still providing employee desired benefits.