Defined Benefit Plans

Spherient Advisors is a leading expert in managing defined benefit plans, also known as pension plans in which an employee’s monthly benefit is calculated according to length of service and salary history. Although traditional defined benefit plans are on the decrease, the additional reporting and funding requirements issued by the Pension Protection Act make the co-fiduciary function more important than ever.

Spherient’s extensive experience covers all aspects of defined benefit plan management including:

  • funding analysis

  • terminal liability analysis

  • replacement plan analysis

  • funding strategies

  • investment analysis

  • termination filing

  • notification requirements

  • Cash balance Plan

    A cash balance plan is a defined benefit plan that defines the benefit in terms more characteristic of a defined contribution plan. A cash balance plan defines the promised benefit in terms of a stated account balance. Overseeing and managing those balances and overall plans is an area of Spherient’s specialized benefits expertise.
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    The benefits in most cash balance plans, as in most traditional defined benefit plans, are protected, within certain limitations, by federal insurance provided through the Pension Benefit Guaranty Corporation. Spherient Advisors can help you determine if a cash balance plan is the right fit for your organization and employees.

  • Termination Services

    Spherient Advisor is a leading expert in managing defined benefit plans, pension plans in which an employee’s monthly benefit is calculated according to the length of service and salary history. Although traditionally defined benefit plans are on the decrease, the additional reporting and funding requirements issued by the Pension Protection Act make the co-fiduciary function more important than ever. Spherient’s extensive experience covers all aspects of defined benefit plan management including funding analysis, terminal liability analysis, replacement plan analysis, funding strategies, investment analysis, and termination filing and notification requirements.

Call Spherient Advisors 1-800-385-2309

Defined Contributions Plan
Defined Benefit Plans
Non-Qualified Plans
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