R. Randall “Randy” Tracht advises clients on a broad range of employee benefits and executive compensation issues involving clients’ tax-qualified pension and 401(k) plans, health and retiree medical plans, non-qualified deferred compensation plans, equity incentive plans and other executive compensation arrangements, employment agreements, and fringe benefit plans. Randy represents and counsels a wide range of corporate and tax-exempt clients across the United States, including clients in the higher education, healthcare, retail, and energy sectors. His work includes counseling clients on fiduciary issues under the Employee Retirement Income Security Act (ERISA), tax-qualification requirements and other issues under the Internal Revenue Code, the employee benefits aspects of corporate transactions, and other matters.
Randy represents clients before the US Internal Revenue Service (IRS), the US Department of Labor, and the Pension Benefit Guaranty Corporation (PBGC) in a range of proceedings, including remedial correction programs, agency-initiated audits, and transactions and restructuring matters. He counsels clients and plan committees on plan governance and fiduciary risk management issues on matters of plan administration and the investment of plan assets. Randy frequently works with clients on the employee benefits issues arising in the context of workforce changes, including reductions in force, early retirement programs, and other restructurings. He advises pension plan sponsors on “de-risking” initiatives including lump sum windows, annuity purchases, and plan terminations. Randy speaks and publishes frequently on employee benefits issues and has authored numerous LawFlashes, White Papers, and other publications, and has presented at regional and national employee benefits conferences on various issues.
Member, Practice Group of the Year, Benefits, Law360 (2022)
Member, Law Firm of the Year, Employee Benefits & Executive Compensation, Chambers USA (2019)
Member, Law Firm of the Year, Employee Benefits (ERISA Law), US News/Best Lawyers – Best Law Firms (2019)
Listed, The Best Lawyers in America, Employee Benefits (ERISA) Law, Pittsburgh (2007–2020, 2023–2025)
Recommended, The Legal 500 US (2016)
Rising Star, Pennsylvania Super Lawyers (2006–2007)
Member, American Bar Association, Employee Benefits Subsection
Member, Allegheny Bar Association