Defined Contribution plans have risen to become the most dominant form of employee retirement benefit plans in the U.S. The most popular is the 401(k), however, variations and features exist including safe harbor plans, profit sharing, new comparability, 403(b) and 457, and nonqualified plans. Our team of consultants and plan administrators is uniquely qualified to work with firms with all matters related to defined contribution plans.
With clients around the nation, we provide plan design, evaluation and administration services for any size of private and public company. We provide administration on two different bases: daily valuation and traditional balance forward accounting.
As thought leaders in the area of defined contribution design, we offer both traditional plan services and new approaches, including the recently launched NextGen 401(k)® plan.
Nyhart provides custom, personalized daily valuation services to our defined contribution clients. We invest in the newest technology and services to provide robust administrative services. Because of our large client base in a broad range of industries, our fees and approach are some of the most competitive in the industry. We provide for our clients:
For companies seeking the traditional approach, our service team also provides services that include:
Often times new clients ask us to review and provide recommendations on existing plans to identify ways to lower fees, improve fund portfolio performance or determine alternative benefit options that may provide a better value to the company and the participants.
As one of the nation’s largest independent actuarial and employee benefit firms, our team of consultants and 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 committee to make sense of the impact and status of your retirement plan requirements and options.
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 plan administrators and consultants. We provide you direct access to your team so your questions and issues can be handled confidentially by a team who knows your defined contribution plan and can immediately help you resolve your issues.
Do you have a defined contribution 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 contribution plan for your company or government agency? Please call us toll free at (800) 428-7106, locally at (317) 845-3500 or email us at firstname.lastname@example.org and we will be in touch quickly. We want to earn your business.