As the rules governing employee benefit plans grow increasingly complex, fiduciaries in companies of all sizes rely on Tim Snyder to keep them in compliance. A self-described “technician,” Tim is deeply familiar with the arcana of the various benefits codes — ERISA, DOL, PBGC — and he is regularly called upon to repair out-of-compliance plans to the satisfaction of the IRS. He understands how easily plans can slip out of compliance — often unwittingly — and he works closely with clients to address the concerns of their auditors and, where possible, help them self-correct.
Many of Tim’s clients are multi-employer (Taft-Hartley) plans, which adds another level of complexity to his technical skills — especially in the handling of withdrawal liability issues. He also works with the firm’s bankruptcy group in chapter 7 proceedings, closing down the benefit plans of companies in liquidation. Tim also advises governmental entities on the administration of their benefits plans, which are not Covered by ERISA.
Current role