- United Air Lines Pension Plans
Several defined benefit plans of United Airlines hired IFS to act as Independent Fiduciary regarding funding and contribution matters. The U.S. Department of Labor was actively involved in finalizing the terms of our role as Independent Fiduciary.
- MCI/WorldCom 401k Plan
The MCI/WorldCom Plan hired IFS as an Independent Fiduciary to decide whether to participate in a proposed settlement of and ERISA class action regarding losses suffered on company stock.
- ARINC Pension Plan
The defined benefit pension plan of this major airline communication firm hired IFS as an Independent Fiduciary to decide whether and on what terms to accept an excess contribution of the company's headquarters and to lease back the property to the company. IFS recently submitted a report to the U.S. Department of Labor in support of an ERISA prohibited transactions exemption to permit the contribution and leaseback.
- Litigation Support
Counsel to a multiemployer plan hired IFS to advise it regarding the investment practices of one of the plan's investment managers.
