Measuring Performance
Our reporting enables the plan sponsor to accurately monitor ongoing results vs. objectives. This reporting is delivered via a secure client portal so that plan sponsors have “on-demand” access to comprehensive data and analysis.
MONTHLY REPORTING
On a monthly basis, we provide a comprehensive accounting report package for any combination of funding strategies.
For corporate-owned life insurance (COLI) and mutual funds, our reporting includes:
- valuation reports of plan assets and liabilities
- journal entries for plan assets and liabilities
- trade activity reports
- funding adequacy analysis
- comprehensive financial and tax reporting
For a total return swap (TRS) our reporting, in collaboration with Atlas, includes:
- detailed tax recordkeeping, to enable deferral of TRS gains
- financing/equity components
- correlation/tracking error and performance attribution analysis
- income statement and balance sheet reports
QUARTERLY REPORTING
On a quarterly basis, we provide a proprietary investment review that includes:
- a review of the capital markets
- a review of current asset allocation
- review and benchmarking of investment manager performance
- a forecast of plan contributions and distributions, and evaluation of funding adequacy
- an evaluation of the performance of the plan assets and liabilities to quantify the impact of market volatility on company earnings
ANNUAL REPORTING
Annually, we provide reporting to:
- quantify product expense (COLI)
- evaluate tax efficiency (whether funded with COLI, mutual funds, or TRS)
- fund-level distributions, including capital gains and dividends
- inter-fund turnover, based on participant activity
- quantify the tax efficiency of asset/liability management and tax-efficient trading protocols (“tax alpha”)
- provide correlation analysis to monitor tracking error between assets and liabilities
- quantify the impact of market volatility on company earnings
- monitor key plan metrics
- participation rates
- deferral rates
- participant investment elections
- projected participant distribution and liquidity requirements