Karl Thompson
Deputy Counsel to the President
Observations
- Millionaire
Estimated Net Worth
- $12.3 M - $19.9 M
Salary
- Unknown
Financial Disclosure Details - OGE Form 278e (05/08/2023)
Positions Held Outside United States Government
# | Organization | City | Position | To |
|---|---|---|---|---|
Nothing reported in this section | ||||
Employment Assets & Income and Retirement Accounts
# | Description | Value | Income Type | Income Amount |
|---|---|---|---|---|
1 | Jones Day defined benefit plan (value not readily ascertainable): eligible for $20,460 per year at age 65 | None (or less than $201) | ||
2 | Jones Day 2035 Fund | $100,001 - $250,000 | None (or less than $201) | |
3 | O'Melveny & Myers Retirement Plan | |||
3.1 | TRP Large Cap Growth | $50,001 - $100,000 | $2,501 - $5,000 | |
3.2 | Fidelity Total International Index Fund (FTIHX) | $50,001 - $100,000 | $1,001 - $2,500 | |
3.3 | Fidelity Low-Priced Stock Fund Class K Shares (FLPKX) | $50,001 - $100,000 | $5,001 - $15,000 | |
3.4 | Dodge & Cox Stock Fund (DODGX) | $50,001 - $100,000 | $2,501 - $5,000 | |
4 | Kellogg, Hansen, Todd, Figel & Frederick (KHTFF) Retirement Plan | |||
4.1 | Fidelity FDM Index Fund | $15,001 - $50,000 | $201 - $1,000 |
Employment Agreements and Arrangements
# | Employer Or Party | City | Status And Terms | Date |
|---|---|---|---|---|
1 | O'Melveny & Myers Retirement Plan | Washington, District of Columbia | I have continued to participate in this defined contribution plan. This plan sponsor no longer makes contributions. | 12/2003 |
2 | Kellogg, Hansen, Todd, Figel & Frederick (KHTFF) Retirement Plan | Washington, District of Columbia | I have continued to participate in this defined contribution plan. This plan sponsor no longer makes contributions. | 9/2001 |
3 | Jones Day Defined Benefits Plan | Washington, District of Columbia | I am vested in Jones Day's Defined Benefits Plan and will receive $20,460 per year beginning the month following my 65th birthday. I stopped accruing benefits upon my withdrawal from the partnership. | 9/2017 |
4 | Jones Day Tax Retainer | Washington, District of Columbia | Jones Day has withheld $273,000 of partner compensation as a tax retainer to pay certain state and foreign taxes on my behalf that are attributable to my income earned while a partner. Any unused amounts will be returned to me once taxes are resolved, which could be up to 7 years from January 2021. | 1/2021 |
Sources of Compensation Exceeding $5,000 in a Year
# | Source | City | Duties |
|---|---|---|---|
Nothing reported in this section | |||
Spouse's Employment Assets & Income and Retirement Accounts
# | Description | Value | Type | Amount |
|---|---|---|---|---|
1 | Cleary, Gottlieb, Steen & Hamilton (Law firm) | partnership share | ||
2 | 401k Retirement Savings Account | |||
2.1 | Fidelity Growth Co. Pool | Over $1,000,000 | None (or less than $201) | |
3 | Cleary Gottlieb Steen & Hamilton, defined benefit plan (value not readily ascertainable) | None (or less than $201) |
Other Assets and Income
# | Description | Value | Type | Amount |
|---|---|---|---|---|
1 | Checking Account | $250,001 - $500,000 | None (or less than $201) | |
2 | Checking Account | Over $1,000,000 | Interest | None (or less than $201) |
3 | Checking Account | $100,001 - $250,000 | Interest | $201 - $1,000 |
4 | Savings Account | $500,001 - $1,000,000 | Interest | $2,501 - $5,000 |
5 | Savings Account | $500,001 - $1,000,000 | Interest | $2,501 - $5,000 |
6 | DC 529 Plan #1 | |||
6.1 | U.S. Total Stock Market Index Portfolio | $50,001 - $100,000 | None (or less than $201) | |
7 | DC 529 Plan #2 | |||
7.1 | U.S. Total Stock Market Index Portfolio | $250,001 - $500,000 | None (or less than $201) | |
8 | Brokerage Account: #1 |
Transactions
# | Description | Type | Date | Amount |
|---|---|---|---|---|
1 | Fidelity ZERO Large Cap Index Fund (FNILX) | Purchase | 12/27/2022 | $50,001 - $100,000 |
Liabilities
# | Creditor | Amount | Incurred | Term |
|---|---|---|---|---|
Nothing reported in this section | ||||
Gifts and Travel Reimbursements
# | Source Name | City | Description | Value |
|---|---|---|---|---|
Nothing reported in this section | ||||
Endnotes
Section | # | Description |
|---|---|---|
2 | 3 | The assets for this plan were previously inadvertently reported on Part 6. |
2 | 4 | The assets for this plan were previously inadvertently reported on Part 6. |
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