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Precision Actuarial was formed with the vision of forming an exceptional and niche actuarial firm specializing in servicing the actuarial needs of Federal & State Governments. We believe that by combing our diverse experience and our areas of expertise, we will provide unique perspectives of which no other actuarial company is capable, as well as to help government entities meet their supplier diversity goals.

DUNS: 079861610
CAGE: 7EC83
NAICS: 524298, 541613
Supplier Number: 1798304
UNSPCS: 80101512

Plan Termination

When it’s time to terminate your plan, you can trust us to help you take the necessary action, which is, no doubt, a complicated process. As actuaries, we assist with the entire process of winding-up the operation of a plan to submitting required IRS and PBGC paperwork and finally distributing the plan’s assets.  These services include:

Plan Documentation

We reduce the administrative burden and financial risk of the required plan document and related forms for your retirement plan(s). As actuaries, we ensure you are compliant, while streamlining the process. Our plan documentation services include:

  • Drafting proposed language for individually designed plans and client-requested changes to plan documentation
  • Plan Document and Administrative Policies
  • Summary Plan Description
  • Ancillary Beneficiary Forms
  • Salary Deferral Agreement, if applicable
  • 401(k) Safe Harbor Notice, if applicable
  • Participant Loan Policy, if applicable
  • Consultation with the client’s attorney to assist in plan preparation.

Plan Design

We make sure your retirement plan fits the diverse needs of your employees, while also meeting company goals and objectives. As actuaries, we walk you through the entire plan sponsor process, from plan design and choosing the right investment options to plan administration and more. 

Retiree Valuations

Let us handle it for you! As actuaries, we have a thorough understanding of FASB and GASB standards and will do the hard work for you.  We provide actuarial accounting, funding, and financial reporting valuations and guidance for employers who sponsor pension and other post-employment benefit (OPEB) plans.

Experience Reporting

Make intelligent data-driven decisions and optimize every aspect of your benefit plans. We utilize powerful visualization tools to deliver insights how and when you want them!

Government Programs

We have extensive experience in the Public & Government Health sphere with programs such as  Medicare, Medicaid, and the ACA-Exchange Marketplace.  As actuaries we routinely analyze the impact of legislative mandates, as well as proposed legislation, and offer unbiased solutions to plan sponsors, regulators, and other governmental decision makers regarding state and federal health programs.  This includes:

Self-Funded Health Plans

Let us help you save time and money. As experienced healthcare actuaries, we provide insights to minimize financial risk, ensuring informed decisions that are aligned with your goals and budget. We help you determine your best options for self-funding your employee health benefits through the following services: