Kimberly S. Couch

Kimberly S. Couch

Partner

Expertise

  • Employee Benefits & Executive Compensation
  • Energy
  • Higher Education

WSG Practice Industries

Activity

WSG Leadership

ABA Group
Member

Verrill
Maine, U.S.A.

Profile

Kimberly has practiced exclusively in the area of employee benefits and executive compensation for more than 30 years. Clients look to her for technical and practical experience, and sound business judgment.

Kimberly advises for-profit and nonprofit employers on employee benefits and executive compensation matters, including qualified and non-qualified retirement plans, executive compensation, welfare benefit arrangements, incentive plans, and fiduciary issues. Her experience includes designing and drafting plan documents and employee communications, implementing and terminating programs, and compliance in all aspects of ERISA and tax laws.

Assisting clients with ERISA fiduciary compliance is a key aspect of Kimberly's work. She advises and provides fiduciary education to boards, investment committees, and officers; drafts committee charters, resolutions, and meeting minutes; reviews investment policy statements; and assists with internal audits. She also helps clients avoid, prepare for, and respond to Department of Labor, IRS, and PBGC plan audits and drafts submissions for governmental voluntary correction programs.

Kimberly works extensively with welfare plans, including self-insured health plans, cafeteria plans, and wellness programs, drafting plan documents and providing guidance on the Affordable Care Act, HIPAA, and COBRA. She also prepares HIPAA privacy manuals and provides in-house HIPAA training for clients.

A significant part of Kimberly's practice involves defined benefit pension plan issues, including the implementation of early retirement windows, and other reduction in force programs, lump sum windows and annuity purchases to de-risk liabilities; drafting plan amendments and employee communications; and preparing government filings with respect to plan mergers, spin-offs, and terminations. She works with single employer plans, multiple employer plans, and multi-employer plans.

While Kimberly works with a wide range of domestic and international clients, she has worked extensively with benefit plans for tax-exempt employers and employers in the energy industry.

Outside the office, Kim is an avid skier and baseball fan. She enjoys spending time with her two sons, running with her dog, practicing yoga, and reading classics.

Bar Admissions

  • Washington, D.C.
  • Maine

Education

  • The George Washington University Law School  (J.D., With Honors)
    • Phi Alpha Delta
    • Vice Chair, Van Vleck Moot Court Board
  • University of Vermont  (B.A., cum laude)
Areas of Practice

Employee Benefits & Executive Compensation | Energy | Higher Education

Professional Career

Professional Associations

    New England Benefits Council
    Maine State Bar Association
    District of Columbia Bar Association
    American Bar Association

  • Maine State and American Bar Associations: Section of Taxation, Employee Benefits (subcommittees on Defined Benefits Plans, Welfare Plan Design and Funding, and Exempt Organizations and Governmental Plans)
  • New England Employee Benefits Council



Professional Activities and Experience

Accolades
  • Chambers USA: America's Leading Lawyers for Business under Labor & Employment: Employee Benefits & Compensation
  • Listed in The Best Lawyers in America© for Employee Benefits (ERISA) Law and Health Care Law in Portland, Maine

To learn more about third-party ratings and rankings, and the selection processes used for inclusion, click here.


Blogs

Benefits Law Update
Verrill 

Welcome to the Verrill Dana Employee Benefits and Executive Compensation Group blog. Members of the Group use this space to provide timely updates and commentary on developments in law affecting employee benefit plans and executive compensation arrangements. We intend this blog to serve as a...

Energy Law Update
Verrill 

Energy Law Update is a source of news and analysis relevant to the world of energy law: major court and regulatory orders, event announcements, breaking news in the world of renewable energy, and novel legal issues. The blog is edited by Katie Gray and Nora Healy, and features contributions from...

Law of the Land (and air and water)
Verrill 

If the legal issue involves land, air, water, waste, wind, wildlife, trees, or anything else in the natural world, the attorneys in Verrill Dana’s Environmental Law Group have it covered. Seasoned by decades of experience, our legal team recognizes that one of the few constants in our field is...

Taking Care of HR Business
Verrill 

In the words of Bob Dylan: "the times they are a-changin." For anyone who deals with labor and employment issues in the workplace, Dylan's words are particularly true. Human resource professionals, supervisors, and company executives face a constantly changing and evolving legal landscape. ...