Features and Benefits:

  • Automatic eligibility and vesting calculations
  • Automatic grandfathering of accrued benefits
  • Dual vesting schedules, plus top-heavy schedules
  • Automatic tracking of top-heavy years
  • Automatic calculation of Sec. 415 benefit reductions
  • Automatic calculation of IRC 401(a)(4) General Test
  • Calculation of defined contribution and defined benefit fractions on combination plans
  • Seven funding methods (including FASB calculations)
  • GATT provisions include minimum benefit limit
  • Calculation of salary average for any number of years
  • Fresh Start options include with and without Wear-a-Way
  • Calculates the quarterly contribution penalty interest
  • Automatic adjustment of all actuarial base amortization after a change in interest assumption
  • Automatic changes for short plan years and conversion from beginning of year to end of year (and vice versa)
  • PBGC/GATT lump sum minimum reporting
  • PBGC unfunded for premium payments reporting
  • Use of multiple mortality
  • Permitted Disparity [IRC 401(1)]
  • Automatic benefit accrual calculations, including TEFRA minimums
  • Salary scales and turnover
  • Provision for computing all optional forms of benefit for terminations as of any time up to one year after the latest valuation
  • 18 Employee classification codes
  • Automatic calculation of Social Security Benefits


The Defined Benefit System incorporates an administrative tracking system with an actuarial valuation system.

It allows the User to update plan parameters, benefit formulas, assets and rates for valuation runs, with ease.

Census data is input through the Census System which is part of the basic Defined Benefit System package, along with the Administrative Functions and Name & Address Systems.

On combination Defined Benefit and Defined Contribution Plans*, the census need only be entered once, in the Census system.

For maximum productivity and minimum down time, the Defined Benefit System is designed to allow the User to print and work simultaneously. All reports can be viewed on the screen before printing.

* Defined Contribution System sold separately.