In today’s business environment, companies face increasing scrutiny over how they manage retirement plans and executive benefits. Whether your business is large or small, public or private, the responsibility of fiduciary oversight is significant. At Champagne Law Firm, we help employers across Tennessee navigate the complex world of executive compensation, retirement plans, and fiduciary compliance with confidence.
Supporting Executive Benefits and Compensation
Executive benefits and compensation packages are not just about attracting top talent—they are also about compliance and accountability. We assist companies in structuring executive compensation programs that align with business goals while meeting regulatory requirements. From stock options and deferred compensation plans to retirement packages, our attorneys provide guidance that protects both the company and its leadership.
Retirement Plan Compliance and Oversight
Managing employee retirement plans comes with strict fiduciary obligations. Companies sponsoring 401(k), 403(b), defined contribution, or defined benefit plans are held to standards of prudence and loyalty under federal law. This means plan sponsors must act in the best interests of participants at all times. We advise employers on their responsibilities, working to reduce risks of enforcement actions by regulatory authorities and addressing compliance issues before they become costly problems.
Advising on All Parties in the Retirement Plan Space
Retirement plans involve more than just the sponsoring company. Plan providers, third-party administrators, and investment managers all play roles in managing and overseeing these benefits. We work closely with your executive and benefits committees to clarify these relationships and ensure that each party understands its responsibilities. This oversight helps maintain compliance and protects the company from potential liability.
Training and Compliance Support
Strong fiduciary oversight also requires ongoing education. We provide human resource compliance training that helps your team understand its role in meeting fiduciary duties. By equipping executives, HR professionals, and committee members with the knowledge they need, we help create a culture of compliance and accountability. Corporations have come to lean of the following groups as additional resources:
- The Society for Human Resource Management
- Pension Benefit Guaranty Corporation
- Defined Contribution Institutional Investment Association
- U.S. Department of Labor
How Champagne Law Firm Can Help
At Champagne Law Firm, we know that fiduciary oversight is a serious matter. Attorney Kelly Champagne-Deutekom’s background as former financial advisor and an attorney allows her to provide a comprehensive approach to tailored guidance crucial to your organization.
With offices in Sevierville, Nashville, and Rogersville, Champagne Law Firm advises businesses across East and Middle Tennessee on corporate fiduciary oversight. Our services are designed to minimize risks, protect companies from regulatory action, and ensure retirement plans and executive benefits are managed with the highest standards of care.
Taking the Next Step
Fiduciary oversight isn’t optional—it’s essential. By working with experienced legal counsel, your company can meet its obligations, protect employees, and avoid costly consequences. At Champagne Law Firm, we provide the guidance, training, and advocacy you need to move forward with confidence.
Call Champagne Law Firm at 865-228-8080 or reach out online to schedule a consultation about corporate fiduciary oversight and retirement plan compliance in Tennessee.
