DB Administration, Discrimination Testing and Proposal software with Multiple Plan and Cash Balance Plan handling. PPA'06 Pension Funding.
Funding Target and Target Normal Cost with 3-rate segments
404(o) Cushion; 430 minimum and 404(o) maximum contributions
Funding Target Attainment Percentages (FTAPs)
Schedule SB reports and links to our 5500/PBGC System, and our FAS 158 and Termination Calculation reporting systems.
or call 1-888-328-2474
SEC's Proposed Rules for Marketing and Naming of Target Date Retirement Funds (PDF)
8 pages. Excerpt: "For the purpose of the Proposal, a 'target date fund' is defined as an investment company that has an objective or strategy of providing varying degrees of long-term appreciation and capital preservation through a mix of equity and fixed-income exposures that changes over time based on an investor's age, target retirement date or life expectancy."
(Alston & Bird LLP)
How to Get the Most Out of Your Autopilot Plan
Excerpt: "Adopting an autopilot plan can help resolve common plan concerns and provide benefits to both plan sponsors and their employees, provided it's implemented with care. Otherwise, plan sponsors may experience unintended consequences, such as creating a large pool of low savers."
(The Vanguard Group, Inc.)
ASPPA credentials place you at the top of the pension profession. The Certified Pension Consultant (CPC) credential is conferred by ASPPA to benefits professionals working in plan administration, pension actuarial administration, insurance, and financial planning. CPCs work alongside employers to formulate, implement, administer and maintain qualified retirement plans.
Learn more and register for the CPC modules at www.asppa.org/cpc today.
Benefits in General; Executive Compensation
Independent Legal Counsel for the Compensation Committee under the 'Dodd-Frank Act'
Excerpt: "For several years, investor advocates and the media have focused on the independence of the consultants to the Compensation Committee. Now, [a Section] of the Act adds new Sections . . . to the Securities Exchange Act of 1934, which provide that the Compensation Committee of a Company's Board may only select a compensation consultant, legal counsel, or other adviser to the compensation committee after taking into consideration factors identified by the SEC."
(Michael Melbinger via Winston & Strawn LLP)
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