John Dowell
Qualifications or certifications: Fellow of the Society of Actuaries; Enrolled Actuary; Member of the American Academy of Actuaries; Fellow of Conference of Consulting Actuaries.
Alumni: Rose-Hulman Institute of Technology, B.S., Mathematics; University of Illinois at Champaign-Urbana, M.S. Applied Mathematics
A 20+ year veteran of the pension industry, actuary and principal John Dowell works with many of Nyhart’s largest defined benefits clients. Leading the defined benefits team, he guides the development of Nyhart’s pension products and services.
John is focused on client delivery, and specializes in communicating cost results and strategizing, helping clients to accurately acclimate their participants to cost increases, and manage the financial challenges of a pension plan. His expertise in pension costs, plan sustainability and plan design make him a frequent advisor to corporations and associations around the country.
Prior to joining Nyhart in 2005, John was an actuary with international consulting firm Hewitt Associates (now Aon Hewitt).
John is a member of the annual planning committee with the Conference of Consulting Actuaries’ annual meeting, helping to organize and manage the meeting, setting up the programs and helping lead sessions. He is a Fellow of the CCA, and with the Society of Actuaries, is an Enrolled Actuary and a member of the American Academy of Actuaries.
Married with four children, John enjoys sports, especially golf and baseball, and music in his spare time.
Defined Benefit, Pension, Plan Sustainability
If we freeze our pension and move to a 401(k), how will employees be impacted?
The impact of stopping benefit accruals in a defined benefit (DB) plan and using a defined contribution (DC) plan going forward depends on the employee’s age and years of service [...]How do you manage contribution levels in a pension plan?
For the sponsor of a defined benefit pension plan, minimizing funding status volatility is the key to managing contribution levels. If a plan sponsor allows the funding level of a [...]How often does an actuarial valuation need to be completed for a defined benefit pension plan?
An actuarial valuation is used to determine the annual funding for a defined benefit plan. A defined benefit pension plan that is subject to minimum funding requirements generally must have [...]How do I transition from a pension to a 401(k) plan?
A defined benefit (pension) plan sponsor who is considering transitioning to a defined contribution plan, such as a 401(k), 457 or a 403(b), begins by analyzing the impact of the [...]What does it mean for a pension plan to be “fully funded”?
There is no single definition of a fully funded defined benefit plan. One measure of whether a defined benefit pension plan is fully funded is determined by the actuary of [...]Copyright 2011 All Rights Reserved. Nyhart®