Holland v. International Paper Company Retirement Plan

In Holland v. International Paper Company Retirement Plan, 576 F.3d 240 (July 16, 2009), the Fifth Circuit found that while the employer’s funding of a trust to pay benefits and its employee’s roles as plan administrator created a conflict, the conflict was not a significant factor, because the contributions were irrevocable and a decision to pay benefits did not directly impact the employer’s bottom line.