Description:
The requirements of employee benefits plans can easily be overlooked or altogether disregarded during a merger or acquisition (M&A) transaction, to the peril of an unsuspecting buyer or seller. This could result in the parties’ failure to comply with a bevy of laws and regulations governing employee benefit plans. These exposures can be incredibly costly, time consuming to investigate and correct, and may even make a transaction regrettable.
In this webinar, we will discuss the high level components of benefits compliance issues that may arise during an M&A, including:
- Why does it matter if the M&A transaction is a stock or an asset transaction?
- How do the terms of the Purchase Agreement effect the transition of benefits to the buyer?
- What are the pros and cons of merging benefits plans?
- What steps are necessary to avoid forming a MEWA?
- What are the advantages and disadvantages of terminating a seller’s Health FSA?
- What are the approaches to continuing a seller’s Health FSA?
- Who is responsible for sending COBRA Election Notices to the seller’s employees?
- Who will be responsible for the benefit plan reporting for Form 5500s, Form M-1s, ACA Employer Information Reporting, and other post-transaction closing?
Speakers:
Nicole Fender (S)
Jason Sheffield (S)
Marie Smith (M)
Time:
August 28, 2024 1:00 PM in Eastern Time (US and Canada)
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We’re ready when you are. Get in touch and a friendly, knowledgeable Baldwin advisor is prepared to discuss your business or individual needs, ask a few questions to get the full picture, and make a plan to follow up.
This webinar is intended for general information purposes only and should not be construed as advice or opinions on any specific facts or circumstances. The content of this webinar is made available on an “as is” basis, without warranty of any kind. The Baldwin Insurance Group Holdings, LLC (“The Baldwin Group”), its affiliates, and subsidiaries do not guarantee that this information is, or can be relied on for, compliance with any law or regulation, assurance against preventable losses, or freedom from legal liability. This publication is not intended to be legal, underwriting, or any other type of professional advice. The Baldwin Group does not guarantee any particular outcome and makes no commitment to update any information herein or remove any items that are no longer accurate or complete. Furthermore, The Baldwin Group does not assume any liability to any person or organization for loss or damage caused by or resulting from any reliance placed on that content. Persons requiring advice should always consult an independent adviser.
