Defined Benefit Plans

Through Defined Benefit Plans, ASPERIA Retirement Plan Solutions assists employers by offering retired employees monthly benefit payments without requiring an employee financial commitment. ASPERIA will design a plan that allows for significant tax deductions for employers, while still benefitting key employees. We fully follow all ERISA (Employee Retirement Income Security Act) regulations.

Types of Defined Benefit Plans:

  • Traditional Defined Benefit Plans *
  • Cash Balance Plans *

* These services are available with or without life insurance.

Services Offered:

  • Preparation of Plan Document
  • Calculate employee eligibility and plan entry
  • Determine eligibility to receive benefit accrual
  • Prepare annual actuarial reports and certification
  • Actuarial determination of required employer contributions
  • Preparation of individual benefit statements
  • Plan termination feasibility study
  • Distribution processing including calculation of distribution amount, preparation of required distribution notices
  • ERISA reporting including Form 5500 and related schedules, PBGC filings and notices, IRS 945, 1096 and 1099-R Forms, etc.
  • FAS 87-88 reporting
  • Consulting Services