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 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