Mr. Sharpe is an Employee Benefits and Executive Compensation attorney at Bond, Schoeneck & King, who as an ERISA lawyer has considerable experience in all aspects of employee benefits law. Much of Mr. Sharpe’s recent work has been focused on fiduciary performance and risk management. He has advised management and administrative committees as well as collectively bargained and multiemployer plans. Mr. Sharpe has provided advice and guidance in the adoption of investment policies and in reviewing fees for retirement plans, foundations and endowment funds. His employee benefit work covers executive compensation, qualified retirement plans, welfare benefit plans, federal and state income taxation of retirement benefits and ESOP plan design and administration. Mr. Sharpe has represented clients before the Internal Revenue Service, the United States Department of Labor, the Pension Benefit Guaranty Corporation, the US Tax Court and other Federal courts.Mr. Sharpe was a long-time co-author of Taxation of Distributions from Qualified Plans, a highly-respected treatise on the subject. He took the lead in writing the sections on periodic and annuity payments, withdrawal of employee contributions, and treatment of life insurance contracts. He has had articles and comments published in the Ohio State Law Journal, Akron Tax Journal and Journal of Taxation.Mr. Sharpe has been a member of the Committee on Employee Benefits of the American Bar Association's Tax Section and is a former President and Director of the New York Employee Benefits Conference. He has been listed in The Best Lawyers in America as an employee benefits lawyer since the inception of the Best Lawyers ratings, and is also included as a New York Super Lawyer in Employee Benefits/ERISA.Mr. Sharpe is a former President and Director of the Concerned Ecumenical Ministries to the Upper West Side of Buffalo, a member of the Financial Resources Committee of Planned Parenthood of Western New York and a Director of its Foundation, and is a Director and officer of the Lake Iroquois Association, an environmental organization.Prior to joining Bond, Mr. Sharpe was a Partner with Hodgson Russ LLP, where he chaired the firm’s pension committee and served on its finance committee for many years.
Multiemployer 401(k) plan — Established a multiemployer 401(k) plan from a single employer plan in connection with a complex multiple employer acquisition.
ERISA Compliance Vault — Development of ERISA Compliance Vault as an organizational and fiduciary compliance tool for client management and administration of qualified plans.
401(k) merger — Successfully completed the merger of two 401(k) plans following corporate acquisition of employer with 401(k) plan that required corrections through IRS VCP process.
DOL audit — Successful management of DOL audit of 401(k) plan with substantial holdings of employer stock following collapse of stock value related to improper corporate accounting activities and SEC investigation.
PBGC distress termination — Handled distress defined benefit plan termination with PBGC for a civic nonprofit organization while avoiding bankruptcy.