We Are Here to Help with These Management Challenges

• Recruiting High Caliber Talent
• Retaining Key Employees
• Rewarding Top Employees for a “Job Well Done”
• Aligning the goals of top executives with long term company obligations
• Offering innovative and flexible retirement planning options
• Navigating for success in a complex and changing regulatory environment

Together, we'll design a great benefits package that solves these challenges for you.

 

What makes us different?

Using the benefitMATRIX™, our experienced staff finds not just a good plan, but the best strategic deployment of capital resources to serve your executive benefits objectives.

 

What is the “benefitMATRIX™?”

Our trademarked industry-specific software helps us match your benefits needs with appropriate plans that are presently available.

Using the benefitMATRIX™, we can systematically determine which NQEB strategies and administrative firms will deliver the best-matched results for specific managerial targets. We can quickly peruse the available options, contrasting and comparing numerous offerings and distinctions.

 

How does the benefitMATRIX™ work?

After thoroughly determining your benefit program needs and wants, the benefitMATRIX™ is used to instantly correlate thousands of features among dozens of available plans, helping our experts to identify the best ones for your company. We are able to rank plans using a point system of weighted values, indicating the most beneficial selections, based on your unique requirements.

Many firms are phasing out Qualified Defined Benefit Plans, realizing that Social Security and other retirements plans (like 401K, SEPP, and SIMPLE) will not meet the needs of current workers for retirement security. Seeing these options as inflexible and potentially inadequate, firms now prefer to custom design NQEBs (NonQualified Executive Benefit plans) in order to create more suitable options for their highly paid executives and long-term employees.

Corporate Issues

When hiring the best and the brightest, it is important to structure compensation benefits agreements for mutual success, right from the start. In an uncertain world, experienced leadership with built-in incentives encouraging rational loyalty is of greatest value for long-term success. Executive Benefit Plans must attract top talent, and ensure that the company investments don't walk out the door.

It is in the Company's Interest to:

• Recruit top quality talent without large cash outlays
• Retain specific employees, by offering choice among suitable vesting options
• Reward performance with equity aligned incentives
• Hold retained earnings in the most beneficial and tax efficient manner
• Stay current in a changing regulatory environment, and comply with the law
• Review and update retirement plans to address the current financial ecosystem
• Design benefit plans that result in potentially favorable balance sheet results

Key Employee Issues

In the current economic environment, long-term employees are more interested in individualized, flexible, and equity-based retirement security options. NonQualified plans can be more tailored to individual employees, rather than offering solutions which lack flexibility or customization for individual preference. Aside from health insurance, the key benefit employees want most is retirement income. Top Talent is typically looking for:

• Favorable Vesting options, individually tailored
• Equity-based incentives
• The best tax advantages and deferrals
• Accounts that enable access prior to Retirement
• Plans that are not subject to qualified plan limits

A well-tailored NQDP benefits plan can resolve all of these issues for you. That is the advantage provided by benefitRFP. VIEW PLANS

Contact us to have one of our specialists get in touch with you to explain the revolutionary benefitRFP™ process.  

Key Employee Concerns

• Qualified plans are not enticing enough as a compensation rewards program, so it does not help in pursuit of top executives.
• Attracting top executives with cash-based incentive plans (like signing bonuses) does not work for establishing long-term allegiances to a company.
• Vesting Plans within Qualified Plans are inflexible. No employer incentives for encouraging higher productivity.
• Qualified plans offer little incentive to drive profits for the corporation, whereas equity alternative plans reward employees for a job well done, while also putting the company and top employees on the same side of the balance sheet.
• To retain the tax advantaged status for employees, employers must endure very limited options for capital management.

The right benefitRFP™ NQEB plan will uphold all of these interests.

 

Shortfalls of Qualified Plans in Capital Management Solutions for Top Executives

When it's your responsibility to hire the best management for your company, you need to know a great deal of specialized knowledge in order to securely and legally position benefits and compensation assets for maximum leverage in long term, tax advantaged capital management.

Qualified plans and Social Security will replace about 35-45% of the average Executive‘s income. With our assistance you can establish plans to make up for the shortfall.

Corporate Challenges with Qualified Plans

• Social Security and other retirement plans will not meet retirement income goals.
• Plans offer no flexibility for highly compensated employees to defer more than government imposed limitations.
  $16.5K limit to 401K (2010)
  $245K limit for Defined Benefit Plan
  
• No ability for withdrawals against qualified plan savings until 59 1/2 without penalty
• Highly Compensated Employees are looking for equity alternative based incentives, so that their plan balance is directly tied to the success they bring to the company.
• Government imposed limitations on how much and when to defer compensation means that Qualified Plans offer little flexibility to meet lifetime executive compensation goals

A well-tailored NQDP benefits plan can resolve all of these issues for you. 
That is the advantage provided by benefitRFP™.  VIEW PLANS

Contact us to have one of our specialists get in touch with you to explain the revolutionary benefitRFP™ process.