We provide complete Actuarial Valuation services for Corporate Defined Benefit pension plans, including the following key items:
Reconciliation of pension plan participant Census data.
Determination of pension funding requirements pursuant to ERISA, Pension Protection Act as amended by subsequent legislation, and IRS Code Sections 430, 436, and other relevant sections.
Issuing annual Funding Actuarial Valuation Reports pursuant to the requirements of ERISA and Pension Protection Act.
Determination of pension Disclosure requirements and pension Expense pursuant to the requirements of FASB standard ASC 715 (formerly known as SFAS 158, 132, 87, and 88).
Issuing annual Accounting Actuarial Valuation Reports pursuant to the requirements of ASC 715.
Issuing Annual Funding Notices pursuant to the requirements of Pension Protection Act.
Issuing annual Adjusted Funding Target Attainment Percentage (AFTAP) Certifications pursuant to the requirements of Pension Protection Act.
Completing relevant schedules of annual Form 5500, including signing annual certifications of Schedule SB of Form 5500.
Conducting Non-Discrimination Testing pursuant to IRS Code Sections 410(b), 401(a)(4), and other relevant sections.