Tim Kennedy brings more than 20 years of large law firm experience counseling employers and plan sponsors on the design, implementation, and compliance of a wide variety of ERISA and tax-qualified plans, and executive compensation arrangements. This includes health and welfare plans (e.g., group health, cafeteria, and flexible spending account plans), pension and savings plans (e.g., 401(k), profit-sharing, traditional defined benefit and cash-balance plans), and non-qualified deferred compensation plans (e.g., SERPs, excess-benefit, top-hat, and severance plans). As a result, Tim has decades of experience helping clients provide competitive benefits to their employees while also navigating applicable ERISA and the Code requirements and all of the related guidance and legislation arising under each.
Tim also spent over 5 years working as in-house counsel for a large, global investment bank, where his practice focused on the fiduciary responsibility, prohibited transaction and funding rules of ERISA, specifically how they relate to financial products and services, U.S. Federal income tax, securities, and other financially related legal matters concerning compensation and benefits.
EDUCATION
- Juris Doctor, College of William & Mary Law School
- William & Mary Bill of Rights Journal, Executive Editor (1995-1996); Articles Editor (1994-1995)
- Bachelor of Arts, University of Notre Dame
REPRESENTATIVE EXPERIENCE
- Serves as primary ERISA counsel to multinational employer with more than 38,000 employees
- Serves as primary ERISA counsel to multi-state MEWA
- Served five years as Managing Counsel for The Bank of New York Mellon
- Equity Partner at Philadelphia law firm performing Pension, Executive Compensation, and Welfare work for plan sponsors
ADMITTED TO PRACTICE
- Pennsylvania
WRITING AND SPEAKING ENGAGEMENTS
- No Surprises Act Gives Plan Sponsors Savings Opportunities
- Article – Law360, March 2023
- New Medical Transparency Rules – What Does This Mean For You?
- HBL/Brown & Brown Webinar, August 2022
- Mental Health Parity Act: A Compliance Wake-Up Call
- Article – Law360 (co-authored with Anne Tyler Hall), October 2021
- Avoiding Legal Compliance Surprises in Your Health and Welfare Benefit Plans
- HBL Webinar, October 2021
