Pension
HOME > PENSION
For Employers & Pension Plan Sponsors
Precision Actuarial is a leader in delivering creative solutions to risk management challenges using retirement planning strategies. We are known for our professionalism, responsive solutions, in-depth industry knowledge, and commitment to service. Our leadership team is intimately involved day-to-day with our clients’ plan management, as it is a team effort to successfully service the needs of our clientele. We work closely with accountants, investment representatives, and regulatory and government contracting officers to create a smooth plan installation process and on-going plan execution.

Plan
Design
Ensure your plan design meets current objectives and aligns with future goals.

Plan
Termination
Reduce time and costs involved in terminating your frozen retirement plan.

Plan
Valuations
Expert actuarial valuations of government and private retiree health plans.
Administrative
For defined contribution plans that that offer individual participant trust accounts, as well as pooled accounts:
- Calculation of minimum and maximum deductible contributions
- Allocation of employer contributions (including cross-tested and age-weighted allocations), forfeitures, and investment earnings for defined contribution plans
- Maintenance of computer records that reflect the cumulative status of each participant in the plan
- Calculation of each participant’s benefit or defined contribution plan balance
- Annual or quarterly participant benefit statements
- Trust accounting support
- Preparation of Form 5500 (and related schedules) and annual or quarterly participant notices


Cost Review, Audits & Certifications
Cost Analysis
Cost projections for planning, & implications of amendments, valuation of other benefit plans, nondiscrimination testing
Benefit Calculations
Cost benefit analysis including expected benefits based on demographic review and assumptions
QDRO Calculations & Other Expert Witness
Expert calculations and testimonial services for Qualified Domestic Relations Orders (QDROs) and other legal matters.

Replacement Ratios
Actuarial analysis of retirement income replacement ratios which are influenced by several important factors and trends.
Actuarial Certifications
For healthcare reform grants and other projects requiring actuarial certification by a qualified, credentialed actuary.
Compliance with IRS, PBGC, and DOL Plan audits
Assistance with preparation and facilitation of plan audits, and negotiating issues to avoid penalties, taxes, and disqualification.
Cost Analysis
Cost projections for planning, & implications of amendments, valuation of other benefit plans, nondiscrimination testing
Benefit Calculations
Cost benefit analysis including expected benefits based on demographic review and assumptions
QDRO Calculations & Other Expert Witness
Expert calculations and testimonial services for Qualified Domestic Relations Orders (QDROs) and other legal matters.
Replacement Ratios
Actuarial analysis of retirement income replacement ratios which are influenced by several important factors and trends.
Actuarial Certifications
For healthcare reform grants and other projects requiring actuarial certification by a qualified, credentialed actuary.
Compliance with IRS, PBGC, and DOL Plan audits
Assistance with preparation and facilitation of plan audits, and negotiating issues to avoid penalties, taxes, and disqualification.