Split Dollar Retention plans can be complex, with many variations in features separating one plan from another. Yet, plan participants are accustomed to sophisticated technology that allows them to monitor and manage other investments, and they expect a similar level of service with their nonqualified plans.

To provide the level of service demanded by the world’s leading organizations, DeferTec has developed our proprietary Wealth Management Center, an industry-leading administration and record keeping platform, designed exclusively to service the specific needs and intricacies of nonqualified deferred compensation plans. Clients have said that the online capabilities combined with our approach to Plan Design makes IRC §409A a non-issue, unlike many other plans available to tax-exempt organizations.

Our system is configurable to virtually any plan design without customizations, and therefore does not force our clients to accept compromises in terms of plan design limitations or administrative procedures. Instead of forcing a plan design to fit within the system, our platform allows unmatched flexibility for our client’s benefits plans to accommodate design revisions, as well as other changes over time. On the site, you can see all of the information listed below:

  • Policy Values
  • Your Target Retirement Benefit
  • Beneficiary Designations
  • Plan Documents
  • Participant Statements
  • Policy Information
  • Severance payments negotiated upon termination

Our plan administration system is also designed to integrate other executive benefit programs that are of increasing importance in today’s marketplace.

Furthermore, our administrative platform is complemented by sophisticated online services whereby plan participants and administrators can easily access relevant plan information.

If you have any questions about our proprietary administration platform, or would like to see a demonstration of our online services, please contact us.