Attract, retain, and reward top talent with a comprehensive NQDC plan administration platform from Executive Benefit Solutions (EBS). This resource provides an in-depth overview of EBS’s full-service NQDC plan administration system, which combines cutting-edge cloud-based technology with a team of experts specializing in navigating the complexities of Section 409A compliance.
What is EBS’ four-step process?
1. Plan Administration Consulting: EBS works hand-in-hand with your HR and finance teams to customize a platform that meets your company’s unique needs, resulting in a comprehensive solution for better plan administration. Their expertise ensures proper plan design, benefit security, and seamless implementation.
2. Asset Management: Corporate liability funding and construction of participant investment menus tailored to your NQDC plan requirements.
3. Education & Communication: Enrollment assistance, ongoing communication strategies, and education resources for both plan sponsors and participants.
4. Web-Based Platform: A cutting-edge, cloud-based platform powered by mapbenefits®, providing corporate reporting, asset/liability management, and a role-specific ecosystem with customized capabilities.
Why choose EBS for NQDC plan administration?
As outlined in the overview, the EBS platform’s advantages include:
- Real-time reporting with over 100 report options
- Participant account management tools
- Personal planning resources like the Savings Escalator
- Mobile-friendly 24/7 access.
EBS transforms complex NQDC plans into a seamless online experience, helping you attract, retain, and reward key employees while minimizing risks, reducing costs, and offering peace of mind in managing your deferred compensation strategies.