Non-Qualified Plans

A Non-Qualified plan is an arrangement that provides deferred compensation for a select group of management or highly compensated employees. A properly designed plan can discriminate in favor of the highly compensated employees to the exclusion of the rank and file. Also, Non-Qualified plans are not subject to the restrictive vesting, funding and contribution levels that exist in qualified plans.

We offer the following Non-Qualified plan record keeping services:

• Maintenance of census data

• Calculation of amounts standing to each participant's credit

• Allocation of contribution credits to participants' account

• Allocation of investment credits to participants' accounts

• Calculation of payment amounts

• Preparation of administrative report showing the amounts standing to each participants' credit

• Preparation of individual participant statements.