DeSales Associates

We Are Problem Solvers

With respect to the regulatory environment, we strive to help clients implement legal mandates in a way that preserves future benefits and minimizes compliance costs. For example, we help our clients apply the new requirements governing the calculation of FICA tax on benefits from non-qualified plans.

Our work in dealing with legal mandates is not limited to defined benefit plans. In particular, we have applied the provisions of OBRA '93 governing medical benefits for disabled non-working employees to help our clients recover substantial sums.

The IRS has intensified its audit of qualified plans, with a special emphasis on operational defects. Indeed, the number of annual disqualifications in the 1980's ranged from 30-40; today, it exceeds 1,000. We work with our clients to develop computer-based pension administrative systems to eliminate the need for unnecessary actuarial services, help run the plan in a smooth, cost-effective manner, and enhance operational compliance.

We have worked with a number of clients -- including TRW and Cole National -- to analyze their obligations to deferred vested plan participants and developed innovative criteria for identifying the participants whose benefits could be settled cost-effectively through a lump-sum payout, thereby eliminating future PBGC "premiums" for them.

We helped Alcan Aluminum Corporation meet corporate objectives by:

  • successfully overcoming the technical hurdles involved in merging benefits from a non-qualified retirement plan into a qualified plan;
  • demonstrating that the re-characterization of a certain group of employees in a joint venture agreement as leased employees met relevant non-discrimination criteria.
We have developed PC-based health care reporting tools for our clients that permit the user to have direct access to complete claims and eligibility information.

We have provided quantitative support to managed care organizations seeking NCQA accreditation by establishing and monitoring statistical quality control measures.

We are developing claim rates for a major managed care organization using statistical techniques that are sensitive to the dramatic changes in health care delivery systems, most importantly, the presence of risk transfer arrangements.