Timothy McDonald is a Shareholder in the Compensation & Benefits/ERISA Section. His practice focuses on health and welfare, corporate pension, 401(k), profit sharing, 403(b), executive compensation, nonqualified deferred compensation, employee stock ownership (including S corporation ESOPs), cafeteria, voluntary employees’ beneficiary association (VEBA), and flexible benefit programs. He works with publicly-traded and private for-profit businesses, tax-exempt entities, municipalities and school districts, and religiously affiliated institutions. The best endorsement of Tim’s practice is that he retains his clients. He has enjoyed relationships with many for more than two decades.
Not only does Tim assist clients with legal compliance, but, given his years of experience, he also assists clients with employee benefit plan design, implementation, and communication strategies.
Tim works with clients extensively in navigating the fiduciary requirements of ERISA, establishing processes to help ensure compliance with those requirements, and documenting the processes followed to provide a record of compliance. He regularly attends client retirement plan administrative committee meetings providing fiduciary training, updates on legal developments, and assistance in preparing meeting minutes.
Articles in the National Law Review database by Timothy C. McDonald