Monica Novak counsels tax-exempt and for-profit clients on the complex and diverse array of statutes and regulations that apply to employee benefit plans and executive compensation arrangements. She provides guidance and support in designing compliant benefit programs, and assists clients with corrective actions when appropriate to ensure ongoing legal compliance. Monica also represents clients in negotiating stock and asset purchase agreements and merger agreements, resolving potential benefit plan liabilities and integrating benefit plans in the aftermath of acquisitions.

Employee Benefits

Monica assists clients with the design, implementation and administration of employee benefit plans and executive compensation arrangements, including:

  • Health and welfare benefits
  • Tax-qualified retirement plans
  • Nonqualified deferred compensation plans
  • Equity compensation plans
  • Benefit integration in connection with corporate transactions and strategic growth.


Monica routinely counsels clients on all aspects of benefit plans to help ensure consistency with plan terms and compliance with the requirements of the Internal Revenue Code, ERISA, the Affordable Care Act, HIPAA, COBRA and other federal laws. She assists clients in designing comprehensive employee benefit offerings, negotiating terms of employee benefit programs with third-party service providers, and communicating key features of employee benefit programs to employees and executives. Monica also counsels clients on correcting benefit plan compliance errors through the IRS employee plans compliance resolution system and the Department of Labor voluntary fiduciary correction program. She also helps clients respond to investigation requests from the IRS and the DOL. 

Personal Interests

Outside of work, Monica enjoys time with her family, including taking bike rides throughout the forest preserves of the Philadelphia suburbs, reading together and volunteering in the community.


Bar Admissions


Court Admissions

U.S. Court of Appeals, Ninth Circuit
U.S. District Court, Central District of California


Harvard Law School
J.D. Journal of Law & Gender (2008)

National-Louis University-Chicago
M.Ed. (2003)

Knox College
B.A. magna cum laude (1999)

Insights & Events

Blog Post May 2020

IRS Issues Welcome Guidance on Mid-Year Cafeteria Plan Election Changes and Other Health & Welfare Matters

1 min read  
Updates May 2020

COVID-19 Joint Agency Relief Part 1: ERISA Enforcement Relief for Retirement Plans

10 min read  
Blog Post May 2020

Agencies Provide COVID-19-Related Extension for Numerous Benefit Plan Deadlines

1 min read  
Blog Post March 2020

Normal Cafeteria Plan Mid-Year Election Change Rules Apply – For Now

1 min read  
Updates May 17, 2019

IRS Announces Limited Expansion of the Determination Letter Program for Individually Designed Plans

8 min read  
Updates April 9, 2019

Federal Court Rules United Behavioral Health Breached Fiduciary Duties in Denying Mental Health and Substance Use Coverage Claims

4 min read  
Updates April 9, 2019

Peterson v. UnitedHealth Group Inc. Challenges the Practice of Cross-Plan Offsetting

3 min read  
Updates February 28, 2019

Understanding the Excise Tax on Executive Compensation Paid by Tax-Exempt Organizations—Part III: Excess Remuneration, Excess Parachute Payments, and Excise Tax Reporting

12 min read  
Updates February 21, 2019

Understanding the Excise Tax on Executive Compensation Paid by Tax-Exempt Organizations—Part II: Who Are My Organization’s Covered Employees, and What Counts as Remuneration?

13 min read  
Updates February 14, 2019

Understanding the Excise Tax on Executive Compensation Paid by Tax-Exempt Organizations—Part I: Is My Organization Subject to the Excise Tax?

8 min read  

Leadership & Community

Professional Associations

  • Employee Benefits Committee of the Philadelphia Bar Association

Civic Activities

  • Bala Cynwyd Library Board of Directors
  • Girl Scouts of America – Girl Scouts of Eastern Pennsylvania Chapter
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