Working closely with Pierce Atwood’s Employment and Employee Benefits Practice Groups, David’s practice covers design, implementation, and compliance work for all forms of pension, incentive, and welfare benefit plans, including 401(k), nonqualified compensation arrangements, and group health plans.

David drafts relevant benefit plan and trust documents, negotiates third-party contracts, and prepares employee disclosures. He helps employers manage fiduciary structures for plans, addresses benefits aspects of workforce reductions, and takes full advantage of voluntary compliance programs at IRS and Department of Labor to avoid potentially disqualifying errors.

David routinely advises clients during merger and acquisition transactions to address special considerations involved with executive compensation and employee benefit plans.  His practice also covers many of the laws that regularly attach to employee benefits, such as the Affordable Care Act, COBRA, the ADEA, and the securities laws aspects of benefit plans.

Representative Experience:

  • Tax-Deferred 457 Plan: Prepared tax-deferred compensation plan allowing eligible employees at private, nonprofit client to reduce taxable income and save for retirement.
  • Multiemployer Pension Withdrawal Liability: Helped manage client’s risk exposure in context of completed merger.
  • PBGC Audit Support: Assisted client obtain full reconsideration of Pension Benefit Guaranty Corporation audit finding pertaining to interest and mortality assumptions used in pension calculations.

*David Coolidge is an independent contractor to Pierce Atwood