Actuarial Services

Smart Plan Management

Defined benefit, executive retirement and retiree medical plans can be important benefits for your employees. As a plan sponsor, you must manage the fiduciary responsibilities associated with these plans, including making investment decisions and fulfilling pension obligations. Having a well defined strategy allows you to deliver excellent benefits while mitigating the volatility of benefit costs.

Expert Advice

Actuarial Services from SHDR helps you efficiently manage your plan responsibilities. Our seasoned actuaries provide expert advice to help you design and manage appropriate investment and funding strategies, determine expense for obligations, and prepare reporting and audit information to ensure plan compliance. Our robust annual service plan ensures timely presentation of valuable data.


  • Actuarial Valuations
  • Asset Liability Modeling
  • Healthcare Plan Compliance
  • GASB Statements
Actuarial Valuations

SHDR provides annual valuation services for sponsors of defined benefit, executive retirement, and retiree medical plans. Our actuarial consultants use advanced valuation techniques to measure obligations and annual costs for these plans and then relay this information in a meaningful way to plan sponsors.

We work with organizations including publicly traded and privately held corporations, not-for-profit organizations, governmental entities and municipalities. SHDR valuation services include preparation of the following:

  • Annual cash funding requirements in accordance with ERISA and the Internal Revenue Code
  • Annual expense obligations for government entities pursuant to the Governmental Accounting Standards Board (GASB)
  • Annual expense obligations for private sector organizations pursuant to the Financial Accounting Standards Board (FASB)
  • Annual participant and governmental reporting requirements to ensure compliance with government regulations
  • Information for retirement plan and organization audits, ensuring compliance with audit guidelines
  • Experience studies to evaluate the validity of actuarial assumptions when compared to recent plan experience
  • Cost projections to provide insight into possible future costs, obligations, plan assets and the funded status of a plan
  • Cost impact analysis of legislated changes in benefits, funding or accounting regulations
Contact Us

For more information and answers to your questions, please contact SHDR by phone at
1-800-392-4813 or by email.

Asset Liability Modeling

Controlling costs for employee benefits is a tremendous concern for employers. The ability to forecast risk, identify trends and establish long-term expectations is critical for organizations to prepare for what the future brings. SHDR works with plan sponsors to establish and manage appropriate investment and funding policies for their defined benefit plans.

An asset liability modeling study from SHDR can project existing funding and investment policies for a defined benefit plan into the future. Simulating thousands of trials involving alternate economic and market scenarios, we can determine the effects of investment policies on a plan’s contributions, expenses and funded ratios. These studies can also identify risks to a plan and present potential solutions.

Asset liability modeling from SHDR is designed to do the following:

  • Recognize the growth of plan liabilities
  • Present a range of likely outcomes and corresponding risk parameters
  • Develop a quantifiable understanding of a plan’s inherent funding risks
  • Forecast future effects of optimal asset allocation strategies and funding methodologies
  • Select an asset allocation strategy based on a plan’s financial goals
  • Establish plan expectations for the future
Contact Us

For more information and answers to your questions, please contact SHDR by phone at
1-800-392-4813 or by email.

Healthcare Plan Compliance

In the past several years, the Employee Benefits Security Administration has stepped up enforcement efforts with respect to employee health and welfare plans. With the Patient Protection Affordable Care Act (PPACA), significant regulation and oversight are anticipated for the administration of healthcare, and employers will need guidance and assistance to ensure compliance. If Plan Sponsors do not meet compliance regulations, they risk being subject to various penalties.

SHDR provides the following compliance services to help Plan Sponsors meet regulatory requirements:

  • Preparation of wrap plan documents where a single insurer does not provide all benefits
  • Preparation of Form 5500 for wrap plan document and associated Schedule A or C
  • Preparation of the Summary Annual Report (SAR)
  • Annual review of the employee benefits plans to ensure disclosure of plan changes to employees
  • Guidance in keeping the Employee Retirement Income Security Act (ERISA) Plan current with all regulation changes
  • Preparation of the Summary Material Modification
  • Model ERISA and PPACA Notices
  • Compliance with 105(h) Discrimination Testing Rules
  • Audit Support Services
GASB Statements

The Governmental Accounting Standards Board (GASB) issued Statement No. 45, Accounting and Financial Reporting by Employers for Postemployment Benefits Other Than Pensions, in June 2004. The Statement establishes accounting and reporting requirements for state and local government employers that provide healthcare and other non-pension benefits to retirees, commonly referred to as Other Postemployment Benefits (or OPEB).

While the Standard does not require public entities to pre-fund benefits, those that do not take steps to fund liabilities could experience significant financial repercussions including higher benefit costs and liabilities, lower bond ratings and the resulting higher borrowing costs. By taking steps to pre-fund liabilities, public entities may realize several benefits. A properly designed investment strategy can help mitigate volatility in returns while enabling the use of a higher discount rate assumption to lower your costs over the long run.

Our experienced actuaries provide comprehensive valuation services including:

  • Data Collection
  • Developing an Actuarial Assumption Set
  • Determining GASB Costs and Liabilities and Report Delivery.

Our consulting actuaries go beyond the valuation to understand the issues and objectives and deliver solutions specific to your needs. With over 25 years of experience with OPEB plans in the corporate sector, SHDR is positioned to deliver quality consulting and expertise. Our consulting actuaries will work with you to understand the issues and objectives to provide the best possible solution.

Actuarial services are offered through Stanley, Hunt, DuPree and Rhine, Inc., a wholly owned subsidiary of Branch Banking and Trust Company.