Actuarial Services

Ekon Benefits leverages 40+ years of actuarial expertise to serve group retirement plansWe partner with clients for strategic plan optimization, offering comprehensive actuarial services that adapt to the evolving regulatory landscape.  From annual valuation and compliance reporting to customized plan design projects, we ensure cost-effective solutions that support the long-term success of your retirement plan.

Actuarial Procedures and Expertise

Today, we offer a range of actuarial services for Plan Sponsors.

Defined Benefit Valuation and Consulting

  • Single and multi-employer actuarial valuations for public and private sector employees
  • Annual funded status certification
  • Determination of minimum & maximum funding requirements
  • Annual cost valuations under ASC 715, ASC 965, and GASB
  • Projection of future contribution and expense estimates
  • Gain/loss and assumption review
  • Cash Balance plan design consulting
  • Annual nondiscrimination testing
  • Meetings with Board and members as needed
  • General consulting advice on changes in law or accounting rules

Total Defined Benefit Plan Administration

  • Election of Benefits Forms on Retirement, Termination, Disability and Death
  • Additional calculations for estimated benefits or QDROs as needed
  • Annual customizable Individual Report of Benefits for each participant
  • Calculation, notice and year-end reporting of state and federal tax withholdings
  • Distribution processing, as needed
  • Annual funding notice to employees
  • Notices of deferred vested benefits on unpaid terminated participants
  • IRS Form 5500 filing
  • Pension Benefit Guaranty Corporation (PBGC) annual premium filing

Meet the Team

Our Ekon team consists of a diverse group of actuaries, retirement specialists, and experienced industry leaders. As an Ekon partner, you’ll have one point of contact with many experts working on your plan behind the scenes.

Your Trusted Partner for Actuarial Services

With a staff that averages more than 14 years of experience, Ekon has the knowledge and the track record to be Your Trusted Partner for your actuarial needs. We offer timely, quality service under cost-effective fixed fee engagements that make project overruns and out-of-scope charges a concern of the past.

Experience the peace of mind that comes with a proven actuarial partner. Contact Ekon Benefits today to discuss how our expertise and dedication to client satisfaction can benefit your retirement program.

Make the Switch to Ekon Benefits

We are here to help. Take the first step in becoming a valued client of Ekon Benefits.

Or write to info@ekonbenefits.com.