Defined benefit plans have been the backbone of retirement plans for many generations. Nyhart has been advising corporations and governments since 1943 – helping them to ensure effective, long-term pension retirement benefits. Our team of actuaries, retirement benefit advisers and plan administrators is uniquely qualified to work with firms with all matters related to successfully creating and maintaining a defined benefit to your employees.
Recent investment asset performance, along with the uncertain legislative environment, has pushed defined benefit programs to become the minority benefit for many participants. Time has shown that these plans need to be managed very carefully, and Nyhart has created a number of tools in order to meet those goals.
Nyhart provides custom, personalized defined benefit services including:
As one of the nation’s largest independent actuarial and employee benefit firms, our team of advisers deliver personalized analysis and recommendations. As both practitioners and consultants, our team can translate the results into common language that assists your executive team and investment committees to make sense of the impact and status of your retirement benefit projections and requirements.
Our consultants are fully accredited through the various actuarial organizations.
We are also familiar with guiding clients through the process to discontinue a defined benefit plan or converting to a defined contribution plan such as a 401(k).
Nyhart also provides a suite of tools we have developed for our clients that assists in the management of the pension plan. These products include:
Our clients regularly recognize us for the level of service we provide and the attention to detail, independent voice and reliability of our calculation and administration services. We are extremely client-driven.
Each client at Nyhart has a dedicated team of actuaries, plan advisers and administrators. We provide you direct access to your team so your questions and issues can be handled confidentially by a team who knows your defined benefit plan and can immediately help you resolve your issues.
Do you have an actuarial question or are interested in learning how Nyhart may be able to provide the long-term partnership to design, manage and/or administer a defined benefit plan for your company or government agency? Please call us at (317) 845-3500 or email us at firstname.lastname@example.org today and we will be in touch quickly. We want to earn your business!