Nonqualified Plans
News & Updates
National actuarial and employee benefits firm Swerdlin & Company promotes Lee Swerdlin to President and COO.
Administration of nonqualified plans (NQ) is becoming more of a specialty service. Many providers steer away from these plans because the NQ environment has become so complex.
We provide nonqualified plan administration and consulting for private and public companies, small and large.
If you’re looking for a plan that allows higher contributions and offers greater flexibility than a defined benefit or defined contribution plan, you may want to consider a nonqualified plan. A nonqualified plan operates similarly to a qualified plan, but it isn’t restricted to the rules and requirements of qualified plans.
NQ plans lose some of the benefits available to qualified plans, but the trade-off can be beneficial under the right circumstances.
We provide various services for new and established nonqualified plans including:
- Supplemental Executive Retirement (SERP)
- Top-Hat
- Excess Benefit
- 457
We help design new plans and improve existing ones. Our approach is to provide the facts related to plan design, risk, and funding. The plan is built around your goals!
For plans that use our other administration services, we can provide our recordkeeping administration in conjunction with your nonqualified plan.