Executive Benefit Consulting
Attracting, retaining, and rewarding executive talent is essential for your organization’s competitive positioning. For this reason, you will likely choose to sponsor nonqualified executive benefit programs, such as Deferred Compensation Plans (DCPs), Supplemental Executive Retirement Plans (SERPs), Pension Restoration Plans, 401(k) excess plans, and Executive Life Insurance Plans. These types of plans afford great flexibility for meeting your company’s Total Rewards goals and objectives. For executives, tax-deferred savings and earning can be an effective strategy to accumulate wealth.
Our strategic partner’s due diligence always includes review and evaluation of your existing executive benefit structures. We then advise you as the sponsor on strategies to better integrate executive benefit plans with your overall Compensation objectives. Upon request, we also provide benchmarking for your sponsor plans against both your designated comparator group and against best practices. After plan due diligence, benchmarking, and analysis, we then assist plan sponsors in designing alternative strategies to fulfill total rewards objectives.
They will facilitate a formal RFP for plan administration and recordkeeping services, or we will coordinate for you directly with the synergistic service providers. We maintain close relationships with all major national TPA providers and stay current on all technology and other resource advances available in the marketplace.
Leadership in Integrated Executive Compensation
In every industry, there is a leader… a distinctive expert that stands above all others. When it comes to executive benefits consulting, we have the true experts. By leveraging a firma firm and creating a strategic alliance we have done just that. Our strategic partner has 12 offices across the country including one in Delray Beach, Florida. Our partner is trusted by many of the biggest names in business today, including both publicly held and large private companies.
Core Competencies Offered:
- Executive Benefits Consulting
- Executive Benefits Benchmarking
- Benefit Financing Strategies
- Executive Wealth Management