Our comprehensive reporting offers data and analysis to enable the plan sponsor to accurately record the impact of their non-qualified plan assets on their financial statement—and monitor ongoing results vs. their corporate objectives.
On a monthly basis, we provide a comprehensive accounting report package for any funding strategy a sponsor chooses to employ.
For corporate-owned life insurance (COLI) and mutual funds, our reporting includes an evaluation of funding adequacy; an asset/liability balance sheet; pending claims; and transaction reporting to reflect contributions, distributions and investment performance.
For a total return swap (TRS), our reporting (in collaboration with Atlas Financial Partners) includes an asset/liability balance sheet; detailed accounting entries; an evaluation of the fund-level performance of the TRS hedge relative to plan liabilities; and comprehensive tax recordkeeping to support the deferral of TRS investment gains.
On a quarterly basis, we provide a proprietary investment review that includes an analysis of capital markets; summary of current asset allocation; review of investment manager performance; and an evaluation of the performance of plan assets and liabilities.
Annually, we provide an analysis of the tax efficiency of mutual fund investments and cost efficiency for COLI and TRS investments; an analysis of plan contributions and distributions to determine funding liquidity needs; an evaluation of asset/liability funding adequacy; and an asset/liability correlation analysis at the fund level to determine opportunities to mitigate any potential tracking error.