Nonqualified Deferred Compensation Plan Participants

What Does Participant Really Mean when it comes to Nonqualified Deferred Compensation Plan?

Fulcrum Partners Executive Benefits News

From the Employee Benefits Law Report, an article by Greg Daugherty of Porter Wright Morris & Arthur LLP, looks at the scope and definition of who is a “participant” in a nonqualified deferred compensation plan. Daugherty points out that although companies have frequently considered the word participant to only include participants who are current employees, the courts may not always look at …

NQDC Plans and Employer Liability in Cases of Adverse Tax Consequence

Fulcrum Partners Executive Benefits News

McCarter & English, LLP, has authored an insightful look at employer responsibility in administering Nonqualified Deferred Compensation Plans (NQDC Plans), and the potential liability a company has when Plan participants face adverse tax consequences because of the company’s actions (or failure to take action). We’ve included below the full text of their article that discusses rulings by a federal district court in the case of Davidson …

Fulcrum Partners facilitates Burkina Faso Festival

Update on Burkina Faso Event

Fulcrum Partners Fulcrum Partners Giving, Fulcrum Partners NEWS

Led by Fulcrum Partners Managing Director, Scott Cahill, we were honored to play a role in helping make the Burkina Faso festival a reality. The following update, with quotes from Scott, has been shared by the Luis Palau Association. More than 35,000 attend Festival in Burkina Faso Andrew Palau joins 800 churches for Christmas outreach, the first major gathering in the …

Happy Holidays from Fulcrum Partners

Happy Holidays from Fulcrum Partners

Fulcrum Partners Fulcrum Partners NEWS

Merry Christmas, Happy Hanukkah,  and Happy Holidays from all of us at Fulcrum Partners! Steve Broadbent Atlanta, Ga Tom Chisholm Chicago, Il Christopher H. Nyland Charleston, Sc David H. Fisher Columbus, Oh Kristine Kopsiaftis Delray Beach, Fl Roy Imai Honolulu, Hi Gus Comiskey, Jr. Houston, Tx Stephen M. Kaufman Houston, Tx Phillip L. Currie, Jr. Los Angeles, Ca Scott Cahill Orlando, …

Scott Cahill Supports The Love Burkina Faso Festival

Fulcrum Partners Fulcrum Partners Giving, Fulcrum Partners Media Release, Fulcrum Partners NEWS

Continuing his support of the Luis Palau Association, Scott Cahill, Managing Director of Fulcrum Partners, and his wife Joanie, have provided a $25,000 donation as a Presenting Sponsor of the Love Burkina Faso Festival. Despite challenges faced by organizers due to civil unrest in the region, the Luis Palau association is committed to providing an experience to enrich the community …

Fulcrum Partners is Helping Build a Vocational School in Rwanda

Fulcrum Partners Fulcrum Partners Giving, Fulcrum Partners NEWS

You could describe it as an opportunity to make a meaningful difference or the chance to help answer the question, when facing a child in the poverty of Rwanda, “What would you say to help him think God is good?” When the team at Fulcrum Partners heard the story of how native Rwandan, John Gasangwa, has completed his education in the …

Five Essentials of Pay for Performance – PSX Article

Fulcrum Partners Executive Benefits News, Fulcrum Partners NEWS

Every organization has goals to meet, stakeholders to satisfy and a strong need to continually attract and retain talent, all of which must be accomplished while carefully maintaining balances of short-term and long-term compensation and variable versus guaranteed reward. This article in the latest issue of PSX: People Strategy Exchange features David H. Fisher of Fulcrum Partners, LLC and Thomas E. …

Equity Pitfalls Under Section 409A Checklist by Skadden Law et al.

Fulcrum Partners Fulcrum Partners NEWS

Need a checklist of pitfalls that may cause restricted stock units and stock options to violate Section 409A of the Internal Revenue Code (IRC)? Below is an article by Regina Olshan, Skadden, Arps, Slate, Meagher & Flom LLP, Daniel Hogans, Morgan, Lewis & Bockius LLP  and Russell E. Hall, Tower Watson. Download as a PDF or read the entire article …

Electronic DOL Filing for Top Hat Plans to Be Mandatory

Fulcrum Partners Executive Benefits News, Fulcrum Partners NEWS

Nonqualified deferred compensation “top hat” plans do not require annual Form 5500s. Instead, the Department of Labor requires a Top Hat plan disclosure letter whenever a new plan is implemented. Nonqualified Deferred Compensation Plans enable executives and other high-income earners to defer income beyond the limits of qualified 401(k) plans. These plans garner more attention any time there are tax …

The Exchange for People October 2014

Phil Currie Looks at Executive Retirement Plans in October PSX Magazine

Fulcrum Partners Fulcrum Partners NEWS

Do you feel like you are “stuck with your SERP?” In this month’s issue of PSX: People Strategy Exchange, you’ll find cutting edge views and perspectives on all things relating to people strategy; a fresh take on human resources issues and executive benefits plan solutions. Access the magazine here. And read “A New Look at Executive Retirement Plans,” from Phil Currie …