Karl Thompson
Deputy Counsel to the President
Observations
  • Millionaire
Estimated Net Worth
  • estimated net worth
    $12.3 M - $19.9 M
Salary
  • 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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