Pension Work Center

An online suite of innovative plan management and administration tools

Defined Benefit Plans & Actuarial Support


 Our employee owners have the expertise and up-to-date technology to provide complete actuarial and administrative assistance to support your defined benefit plan:

 

  • Calculate employee eligibility and plan entry;
  • Determine and maintain participant vested percentage records;
  • Based on the plan benefit formula, determine and track benefit accruals;
  • Prepare annual actuarial report and certification;
  • Actuarial determination of required employer contributions;
  • Preparation of individual benefit statements;
  • Distribution processing: Calculation of distribution amount, preparation of required distribution notices, release forms and IRS Form 1099-R;
  • Preparation of EBSA and PGBC required annual filings;
  • Compliance testing for participation (§410(b)), for coverage (§401(a)(26)), for plan limits (§415), for top heavy (§416), for non-discrimination in benefits, rights and features (§401(a)(4)) and compensation testing (§414(s)).