Defined Benefit Plans

Comprehensive advice for whatever stage your plan is at—active, frozen, or terminating

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Navigating the Complexities of Pension Plans

You face a myriad of challenges as the administrator of your company’s defined benefit plan— funding liabilities, shifting regulations, escalating costs, and longer life expectancies, just to name a few. Addressing these challenges is essential for minimizing the impact on your company’s financials.

Our retirement plan advisors understand the intricacies of managing active, frozen, and terminating plans, and work closely with you to develop a course of action to mitigate risk, reduce costs, and drive better results.

  • Plan diagnostic and goals assessment
  • Investment policy statement development
  • Comprehensive portfolio management services
  • Risk transfer consulting and portfolio de-risking strategies
  • Funding monitoring and gap analysis
  • Plan termination analysis
  • Vendor searches, evaluation, monitoring, and benchmarking

Increased Fiduciary Protection

We can serve as your Outsourced Chief Investment Officer (OCIO), 3(21) co-fiduciary, or 3(38) fiduciary investment manager, assuming some or all of the responsibility for selecting and monitoring your plan’s investments. We’ll help you determine which level of delegation is right for you based on your plan committee’s investment knowledge, preferred involvement, and risk exposure.

Streamlined Execution and Coordination

Our finance, HR, and benefits teams have many responsibilities as they take care of the company and its employees. We coordinate and help execute all the investment and administrative tasks related to your defined benefit plan—giving them more time for their other priorities.

Cost Efficiencies

Between the Pension Benefit Guaranty Corporation (PBGC) premiums, investment fees, and third-party vendors, the cost to maintain your defined benefit plan can quickly add up. We analyze your current fee structure to identify cost-saving opportunities without sacrificing value. These cost reductions can decrease the time it takes to fully fund or terminate your plan, potentially saving years in plan administration.

We work with open, closed, and frozen pension plans of all sizes and complexity. Even if your plan is fully funded and on its way to being terminated, there are many chances for missteps that can cost time and money, if you don’t understand all your options.”

Steve Malbasa, Partner

Managing Both the Asset and Liability Sides of the Equation

Many plan sponsors significantly underestimate the plan’s asset liability risk. We look at all the components of your pension plan both individually and collectively, offering integrated solutions that address your current and future needs while mitigating risk.

We believe in investing in people and building a culture of excellence.

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Tell us about yourself and your current financial situation without cost or obligation. Receive an introduction to a retirement plan advisor, have a personal conversation, and get your questions answered.

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Constantine Mulligan

Partner

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Curious about learning more? Let’s talk.

Tell us about yourself and your current financial situation without cost or obligation. Receive an introduction to a wealth management colleague, have a personal conversation, and get your questions answered.

By clicking “Submit”, you acknowledge that we collect your name, email address and phone number to respond to your inquiries and provide you information about our products and services in accordance with our Privacy Policy. If you are a California resident, please see our CCPA Notice to California Residents.