Defined Benefit Plans
Our investment, regulatory and customer care professionals are focused on working with plan sponsors to create and maintain the stable plan your employees deserve. All DB plans are reviewed by our Asset Liability Team that is skilled in:
Management Consulting
- DB and DC plan design strategies
- Funding, expense and income replacement studies
- Due diligence related to merger and acquisitions
- Sustainability studies
Actuarial Collaboration
- Extension of your trusted actuarial team
- Constructive and proactive communication
Asset Liability Modeling
- Deterministic and stochastic modeling of funding, expense and funded status
- Post-implementation modeling
Cash Balance Plans
Cash Balance Plans – often known as hybrid plans - integrate advantages of both Defined Benefit and Defined Contribution Plans for an innovate plan design.
Our dedicated Cash Balance team understands the unique elements of plan design, actuarial support, cross-testing and interest credit rate guidance.
Cash Balance Plans have grown in popularity over the years as every dollar contributed to the Cash Balance Plan on behalf of the Owner comes right off the top of the Owner’s annual income and thus lowers their marginal tax rate and ultimate tax liability.