Member

Andrew R. Jacobs

Andy Jacobs is a Member of the firm and concentrates his practice in the areas of employee benefits, executive compensation, tax exempt nonprofit organizations, and securities law. While he practices out of the firm's Lexington office, he works with clients in all Stites & Harbison offices. His practice includes: 1) assisting clients in the design, drafting and operation of qualified retirement plans, ESOPs, 403(b) plans, 457 plans, nonqualified deferred compensation plans, health and welfare plans, and cafeteria plans; 2) litigating ERISA based claims; 3) the design of equity based compensation plans for key employees such as options and restricted stock; 4) advising clients regarding employee benefits issues in the merger and acquisition context; 5) drafting and designing executive and physician employment contracts; 6) advising tax exempt nonprofit organizations on corporate structure and compliance; 7) advising clients regarding Kentucky state sponsored governmental pension plans; and 8) securities law aspects of compensation plans.

Recent News, Articles & Speaking Engagements

Equity Compensation Alternatives

Cybersecurity: Department of Labor Guidance for Retirement Plan Sponsors

Retirement Plan Excessive Fee Litigation is on the Rise

Information You Need on the COVID-19 Coronavirus

Brass Tacks: Legal Services

Global Entrepreneurship Week 2019, Lexington, Kentucky, November 18, 2019

401(k) Update

presentation, UBS Conference, Lexington, KY, August 2018

Retirement Plan Legislative Update

presentation, UBS Conference, Lexington, KY, August 2017

ESOPs in Business Transfers

presentation, UBS Conference, Lexington, KY, June 2017

Affordable Care Act: Changing Landscape for Employers and Employees

presented at Neace Lukens insurance brokers conference, April 2015, Louisville, Kentucky

Affordable Care Act: Changing Landscape for Employers and Employees

IRS announces guidance on same sex marriage and retirement plans

Ten Things Employers Should Know About Wellness Programs

Legal Implications and Considerations for Wellness Programs

Nexxus Conference sponsored by Applied Health Analytics, September 2013, Nashville, Tennessee.

Affordable Care Act Changing Landscape for Employers and Employees

SHRM Conference, August 2013, Prestonsburg, Kentucky.

Affordable Care Act and Construction Employers

Southeastern Steel Fabricators Conference, June 2013, Ponte Vedra, Florida

ERISA Section 408(b): DOL Final Service Provider Fee Regulations

Louisville Employee Benefits Council, February 2012, Louisville, Kentucky

Litigating Current Issues Involving Fiduciaries and Employee Benefits Plans

presented at conference hosted by Unified Trust Company, September 2011

2010 Health Care Reform

Lexington Employee Benefits Council, April 2010, Lexington, Kentucky

COBRA and HIPAA Update

Kentucky Chamber of Commerce Annual Human Resources Seminar, June 2009, Lexington, Kentucky

Stimulus Bill Creates COBRA Subsidy

Kentucky Chamber of Commerce ADA, FMLA and COBRA Update Seminar, Spring 2009, Lexington, Kentucky

IRS Final Section 409A Regulations

presented to Lexington Society of Financial Planners, November 2007

New Statute Changes Nonqualified Deferred Compensation Rules

Kentucky Bar Association magazine, Bench and Bar, July 2005

New Tax Law Changes Deferred Compensation Rules

Kentucky Banker Magazine, December 2004
Recent Assignments
Bar Admissions
Georgia
Kentucky
Firm Leadership

Business & Finance Service Group, Lexington Office Leader

Retirement Plan Committee, Chair

Audit Letter Response Committee, Member

Memberships
American Bar Association
Lexington Employee Benefits Council
Kentucky Bar Association
Georgia Bar Association
Community Involvement

Kentucky Bar Association, Chairman, Investment Committee

Kentucky Horse Park Foundation, Vice Chairman

International Museum of the Horse, Director

Lexington Employee Benefits Council, former President

Education
More Than Stites & Harbison

Andy has served as President of the Lexington Employee Benefits Council. He currently serves as the Vice Chairman of the Kentucky Horse Park Foundation and on the board of directors of the International Museum of the Horse at the Kentucky Horse Park. Andy enjoys golf and running.

Accolades

Martindale-Hubbell® AV-Preeminent® Peer Review Rated

Best Lawyers in America®, Corporate Law (2016-22)

M Hicon 2020
Jacobs Best Lawyers 2022
See more related to Andrew R. Jacobs
Client Alerts

Equity Compensation Alternatives

For both established companies and new companies, it is often essential to allow key employees to participate in the company’s future growth and profitability through equity ownership. This helps align the interests of ownership and key employees.

by Andrew R. Jacobs May 10, 2021
Client Alerts

Cybersecurity: Department of Labor Guidance for Retirement Plan Sponsors

As sponsors of 401(k) and other retirement plans, employers typically rely on plan service providers (i.e. recordkeepers, trustees, etc.) to maintain plan accounts, keep participant accounts secure and participant data confidential. As fiduciaries, employers must act with the care and diligence under the circumstances as would a “prudent” person.

by Andrew R. Jacobs April 26, 2021
Press Releases

Stites & Harbison, PLLC Lawyers Named to 2021 Best Lawyers® Publications

LOUISVILLE, Ky.—Stites & Harbison, PLLC is pleased to announce that 82 lawyers are included in the 2021 Edition of The Best Lawyers in America©.

by Stites & Harbison, PLLC August 20, 2020
Client Alerts

Retirement Plan Excessive Fee Litigation is on the Rise

Retirement plan sponsors and other fiduciaries are required by ERISA to discharge their duties with the “care, skill, prudence, and diligence” under the circumstances as would a prudent man. This means, among other things, fiduciaries should ensure that all fees paid by the plan for recordkeeping and investment management services are competitive and reasonable.

by Andrew R. Jacobs August 17, 2020
Client Alerts

Information You Need on the COVID-19 Coronavirus

Stites & Harbison has assembled a Coronavirus Response Team which consists of a cross-disciplinary task force of attorneys and critical staff members to ensure our firm remains “On the Job” for you. Updated 02/04/21

by Stites & Harbison, PLLC February 04, 2020
Press Releases

Best Lawyers in America Honors 75 Stites & Harbison attorneys for 2020

LOUISVILLE, Ky.—The Best Lawyers in America© 2020 has recognized 75 Stites & Harbison, PLLC attorneys as selected by their peers in 49 areas of practice. Forty-three of those attorneys selected have been honored for 10 consecutive years or more.

by Stites & Harbison, PLLC August 22, 2019
Press Releases

Best Lawyers in America honors 72 Stites & Harbison attorneys for 2019

LOUISVILLE, Ky.—The Best Lawyers in America© 2019 has recognized 72 Stites & Harbison, PLLC attorneys as selected by their peers in 49 areas of practice. Forty-two of those attorneys selected have been honored for 1...
by Stites & Harbison, PLLC August 16, 2018
Press Releases

Kentucky Horse Park Foundation elects Andy Jacobs as Vice-Chair

LEXINGTON, Ky.—The Kentucky Horse Park Foundation recently elected Stites & Harbison, PLLC attorney Andy Jacobs as Vice-Chair of its Board of Directors. Jacobs is a Member (Partner) of Stites & Harbison based in Lexington, Ky...
by Stites & Harbison, PLLC August 07, 2018