· 6/15/2000
Patrick Demery v. Extebank Deferred Compensation Plan (B)
Citations
- 216 F.3d 283
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- holding that a plan offered to 15.34% of employees qualified as a top hat plan but stating that “this number [was] probably at or near the upper limit of the acceptable size for a ‘select group’”
- emphasizing that a plan will not lose its top hat status merely because a small number of participants fail to meet one of the criteria
- stating that a “plan’s participants comprising 15.34% of the relevant workforce was sufficiently select
- describing 15.34% of the workforce as within “the acceptable size for a ‘select group’ ”
- comparing the number of employees offered participation in the plan to the size \of an employer's workforce\
- affirming the grant of summary judgment finding a top hat plan when the challengers presented no evidence about the absence of bargaining power
Source: CourtListener parenthetical corpus (CC0).
Sourced from CourtListener / Free Law Project (CC0).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.