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RetirementPlans : Contributions to 401(k) plans, pensions, and other retirement savings accounts. Stock Options and Equity : Company stock options, grants, or other equitycompensation. Health Benefits : Medical, dental, vision insurance, and wellness programs.
Companies do this by providing employees with a stake in the company's stock as well as a retirementplan to ensure they have enough money later on in life. The idea of phantom stock plans is to mimic the value of a share to an employee without actually handing over the shares. Are phantom stock plans subject to Erisa?
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