Defined Benefit Plans
A defined benefit plan is an employer-sponsored retirement plan (pension plan) that guarantees the member a definitive payment upon retirement. The benefit each members accrues through
Plan participation is determined by an actuarial calculation. This can include salary history, benefit factor and length of service in its calculation.
HYN Consulting has a team of professionals that are skilled at managing the complexities of these plans. We know you want your Plan Administrator to be efficient and productive. Ensuring its compliance and effectiveness is our top priority.