executive benefits solutions

Choosing a Team for Your Executive Benefits Solutions

August 11, 2022
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Defining the scope of services you should expect from your executive benefits solutions consultancy.

Understanding how nonqualified deferred compensation (NQDC) and other executive benefits solutions can serve your organization and its executives requires guidance from experienced industry professionals. But knowing how to choose those professionals and evaluate the scope of services they provide can be challenging.

“How do you find the right team to help your public or privately held business achieve its goals, compete for top talent, and then reward the key individuals who are critical to your company’s success?”

At Fulcrum Partners, many of our executive benefits specialists have decades-long client relationships. With experience and diverse skillsets, the Fulcrum Partners team serves the unique executive benefit services needs of both for-profit and not-for-profit organizations, delivering retirement and saving solutions that are customized, flexible, and distinctly creative.

A Comprehensive Approach to Executive Benefits Solutions

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Executive benefits solutions can never be delivered from a one-size-fits-all mentality. Each organization has a unique vision, specific funding needs, and a distinct corporate culture that must be nurtured and supported. With these target needs in mind, the executive benefits solutions the Fulcrum Partners team provides include the following types of services:

Executive Benefits Consulting, Customized to the Objectives of the Organization

We help companies integrate executive benefit plans into total rewards, creating a cost-effective alignment between the objectives of talent and stakeholders and a powerful strategy for competitively attracting and retaining key talent.

Creative Plan Design and Implementation

Organizations can use a nonqualified deferred compensation strategy to inspire and influence key performers’ behavior by customizing contribution and vesting schedules to establish performance rewards. Discretionary employer contributions can help fulfill the organization’s unique needs. At the same time, the creation of ‘phantom shares’ can be utilized to provide an ownership experience or create ways for selected executives to become future owners. NQDC Plans help employees:

409A Audit and Diagnostic Evaluation

Changes in case law, technology, and the evolution of the 409A statute warrant routine due diligence of nonqualified plans. Additionally, management or key personnel changes can result in plan sponsors becoming out of touch with their plan details. We provide periodic auditing and diagnostic evaluation of your nonqualified plan, including its management and operations.

Third-Party Administrator Assessment

We help identify a third-party administrator or trustee that serves the company’s objectives and the needs of its nonqualified plan participants based on the organization’s ownership structure and background, relevant client data and size, corporate culture, holistic needs of the organization, technology capabilities, legal and compliance resources, financial soundness and fiduciary capability, asset/liability management synchronization, participant services, website experience, plan sponsor services, reporting capabilities, communications and graphic design resources, and estimated fees.

Benefit Liability Financing Strategies (Plan Funding Strategies and Options)

We specialize in 409A consulting. We will advise on plan funding strategies and, on an ongoing basis, plan financial efficiency to help ensure that assets remain in synch with plan liabilities.

Bank Owned Life Insurance (BOLI), Corporate Owned Life Insurance (COLI), Insurance Company Owned Life Insurance (ICOLI)

Your organization may be able to manage the liability and expense of its benefit plan by utilizing corporate owned life insurance (COLI), bank owned life insurance (BOLI), or insurance company owned life insurance (ICOLI). We’ll help you identify and implement an effective, tax-advantaged benefit financing strategy.

Executive Benefits Benchmarking

We provide benefits benchmarking strategies, hard data comparisons, and an in-depth look at retirement income replacement ratios. On the surface, plans may seem comparable. Any disparities between two plans may seem minor unless organizations are equipped with hard numbers and insightful evaluations. We help plan sponsors know precisely how their plans compare, now and for the future, against the plans of their peer group competitors.

Plan Administrative Support

We will oversee plan transitions, review the plan recordkeeping, monitor the timeliness and accuracy of the recordkeeper and their monthly reporting, and attend and help facilitate enrollment planning sessions. We’ll also oversee enrollment campaigns, provide customized plan summaries of documents, conduct live or recorded enrollment meetings, provide on-demand enrollment presentations, and handle one-on-one scheduled telephone calls.

Long-term Relational Support that is Holistic and Interfaces Seamlessly with other OneDigital Services

Many of our clients have worked with members of our team for decades. We support our clients, always considering an organization’s short-term needs and long-term objectives. When possible, we help facilitate unified interfaces with other employee benefit offerings.

The Value-Add of Deep Experience and Strong Industry-wide Relationships

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Our executive benefits specialists average more than 30+ years in executive compensation and benefits consulting. Our clients include medium to large, publicly and privately held companies. With broad and deep experience, we are well-positioned to leverage our intellectual capital, experience, and extensive multidisciplinary industry relationships for client success.

Learn more at Fulcrum Partners Services or speak directly with a member of the Fulcrum Partners executive benefits team.


This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, accounting, legal or tax advice. Any tax advice contained herein is of a general nature. You should seek specific advice from your tax professional before pursuing any idea contemplated herein.

Securities offered through Lion Street Financial, LLC (LSF) and Valmark Securities, Inc. (VSI), each a member of FINRA and SIPC. Investment advisory services offered through Lion Street Advisors, LLC (LSA) and Valmark Advisers, Inc. (VAI), each an SEC registered investment advisor. Please refer to your investment advisory agreement and the Form ADV disclosures provided to you for more information. VAI/VSI and LSF/LSA are non-affiliated entities and separate entities from OneDigital and Fulcrum Partners.

Unless otherwise noted, VAI/VSI, LSF/LSA are not affiliated, associated, authorized, endorsed by, or in any way officially connected with any other company, agency or government agency identified or referenced in this document.

Lion Street Advisors // Lion Street Financial

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