Monica A. Novak

Monica A. Novak assists clients with a range of employee benefits matters, including health and welfare benefits, tax-qualified retirement plans and nonqualified plans. She routinely counsels clients regarding the design, implementation and administration of benefit plans to ensure consistency with plan terms and compliance with the Internal Revenue Code and ERISA requirements, as well as the requirements under Health Care Reform.

Employee Benefits

Monica assists clients with the design, implementation and administration of employee benefit plans and executive compensation arrangements, including:

• Health and welfare benefits
• Tax-qualified retirement plans
• Nonqualified deferred compensation plans
• Equity compensation plans
• Benefit integration in connection with corporate transactions and strategic growth.

Compliance

Monica routinely counsels clients on all aspects of benefit plans to help ensure consistency with plan terms and compliance with the requirements of the Internal Revenue Code, ERISA, the Affordable Care Act, HIPAA, COBRA and other federal laws. She assists clients in designing comprehensive employee benefit offerings, negotiating terms of employee benefit programs with third-party service providers, and communicating key features of employee benefit programs to employees and executives. Monica also counsels clients on correcting benefit plan compliance errors through the IRS employee plans compliance resolution system and the Department of Labor voluntary fiduciary correction program. She also helps clients respond to investigation requests from the IRS and the DOL.