Actuarial Services

At GHBA, affordable, quality administration and response to client needs are the top focus. To ensure plan sponsors have the accurate calculations they need to remain compliant with IRS and DOL regulations, GHBA harnesses its education, expertise, and up-to-date resources to conduct targeted, precise actuarial analyses that cover the span of plan management and compliance issues.

Among the actuarial and administrative services GHBA provides to help manage Defined Benefit Plans are:

• Actuarial determination of required employer contributions
• Creation of annual actuarial report and certification
• Calculation of employee eligibility and plan entry
• Maintenance of participant vested percentage records
• Preparation of individual benefit statements
• Determination of benefit accrual eligibility