North Pier's goal is to continually ensure that our clients have access to the optimal plan design to cost effectively meet their objectives in a manner that is in harmony with their company culture and plan demographics. Our approach to providing plan design services begins with a thorough and careful examination of the existing plan documents, its provisions, amendments, and the demographic makeup of the client. North Pier then conducts analysis investigating the potential impact of any recent demographic variance, new pension regulations, and/or alternative qualified plan designs. We then merge these findings with the sponsor's short and long-term objectives and current pension practices to formulate a strategy. If any enhancements are viable, they are presented to the plan committee for evaluation. The optimal plan design is one that mirrors your firm's philosophies, attracts new hires, and provides an avenue to a dignified retirement for your employees.
|