The consequence, though, is that NQDC plans are often incredibly complex, with administration of these unique plans typically challenging, time consuming and costly.
That is why you need a comprehensive platform backed by an expert team that can quickly and seamlessly get your plan off the ground and running smoothly. Continue reading below to see how EBS eliminates the administrative burden by providing full outsourcing capabilities.
Built with more than one hundred years of nonqualified plan experience among its partners, EBS has created a full-service administration system with a cutting-edge technology platform and a full concierge administration team.
By design, each deferred compensation plan is as unique as the company sponsoring it. We work hand in glove with you and your HR and finance teams to customize a platform to meet your company’s needs – resulting in a comprehensive solution to help you better administer your deferred compensation plans.
EBS’s platform is powered by mapbenefits®, a firm with more than 20 years of cloud-based technology experience. The EBS team’s high-touch delivery transforms these often complex 409A plans into a seamless online experience for both plan sponsors and participants. Part of our four-step process, shown below, is to implement an education and communication strategy with full plan administration for the company sponsor and its participants.
As an all-encompassing ecosystem for your entire team, the EBS platform is crafted on a role-specific basis with customized capabilities.
Know that it doesn’t have to be a financial or resource burden on the company.
With industry-leading experience, EBS is poised to offer the cutting-edge advantages of our platform, combined with our encompassing support and customer-centric service model, to handle all your needs for plan administration.
Chris Wyrtzen has been absolutely irreplaceable in dealing with my Executive Compensation (SERP) account decisions over the last several years.
We would recommend EBS to those firms looking for creative, dedicated consultants whose plan designs meet the need to attract, retain and reward key employees.
We would recommend EBS to other companies looking for executive benefit programs that can help companies attract, retain and reward key employees.
EBS helped us to adequately fund the LTC by improving our financial modeling of plan growth and distributions and finding more cost-effective Corporate Owned Life Insurance policies.
EBS provided AEI with a comprehensive, full service solution for our executives' deferred compensation plan.