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.
Maintaining, freezing, or terminating a defined benefit plan can be a costly, time-consuming and overwhelming process. Let us take some of the burden off your shoulders.
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.
Constantine Mulligan, CFA
Qualified retirement plans are a maze of regulations, investments and financial calculations. You need an advisor who has the expertise in all three and will use this expertise to help you deliver maximum value to your participants and your bottom line. That’s Cerity Partners.
Defined Benefit Consulting is just one way Cerity Partners helps HR teams deliver better outcomes. See how all our services work together to maximize value, minimize fiduciary risk and ease your administrative responsibilities.