Proper management of an executive benefit program is critical to the success of the plan.
Our team of professionals will work with your staff to achieve successful plan
communication and operation. Due to some significant executive benefit program
changes over the past decade, plan sponsor oversight, administration and regulatory
compliance management needs to be an executive benefit plan priority. Our firm has the
experience, administrative processes and systems to help you meet those needs while
enhancing your ability to offer valuable benefit programs to your executives.
Administrative Capabilities
Our nonqualified plan administration team focuses solely on executive benefit plan
administration and exceptional client service by offering clients an extensive level
of knowledge related to defined contribution deferral plans for both for-profit and not-for
profit clients. We administer both pre and post 409A plans, as well as 457(b) and 457(f)
plans.
We administer plans that utilize a wide variety of financing methods including mutual
funds, corporate owned life insurance, exchange traded funds, company stock, stated
crediting rates, and more.
Our administration database tracks all plan rules, formulas and participant elections,
ensuring the complete integration of all plan data in our system. Contributions are processed
based on scheduled payrolls or plan rules. All dollar amounts are converted to unit values
allowing for daily valuation of participant accounts. Plan balances are tracked and reported
based on time and form of distribution, allowing the participant to manage investment
allocations based on personal financial objectives and the time horizon to distribution.
Systems
We have invested a substantial amount of capital into our proprietary administrative systems.
Ongoing improvements coupled with the backing of a billion dollar parent company ensure that
we will continue to develop and enhance our systems for years to come - demonstrating
our commitment to customer satisfaction and operational infrastructure.
Open Architecture Plan Design
Voluntary Deferrals:
- Base Salary
- Annual Bonus
- Long Term Incentive Payments
- Commissons
- Directors Fees
- Restricted Stock Units
Employer Contributions:
- Match
- Supplemental
- Discretionary
Time of payment:
- Fixed date / In-service
- Separation from service
- Death
- Disability
- Change of control
- Unforeseeable emergency
Asset reserve:
- Rabbi trust
- Brokerage account
Cash flow requirements:
- Long term investment
- Short term distributions
Cost of investment:
- Capital gains / tax costs
- Transaction costs
Investment risk:
- Borne by sponsor
- Borne by participant
Utilize one or more investment types:
- Mutual funds
- Corporate Owned Life Insurance
- Company stock
- Fixed rate of return
- Exchange tracked funds
- Market indicies
- Managed investment account
Our report writing software allows us to build custom reports for our clients to
meet the needs of human resources/benefit and accounting departments.
Participant and sponsor access to plan information is managed through our website,
MyDeferral.com. For a demonstration of this site, please contact us at 1-800-692-8463.
Plan Sponsor and Participant Service
Our low staff turnover allows us to focus on building long-term relationships with
our clients. Each client is assigned a consultant and a lead plan manager
who act as primary contacts for our sponsors. We provide comprehensive consulting
services to each client and rely on our well-rounded staff expertise in the legal,
accounting, communications, administration, and information technology fields. Our
client service staff employs a proactive service model in communicating and supporting
the needs of our deferred compensation plan clients and participants. Participants
and sponsors also have access to plan managers and senior staff members for
additional support and consulting services.
For more information about our administration services, please contact
us at 1-800-692-8463.