Capital Accumulation Plans

Capital Accumulation Plans such as Defined Contribution (DC) plans and other savings plans can carry material risks for plan sponsors including the following:

•  Investment: risk of not achieving a desired / target level of investment return
• Inflation: risk of earning return less than the inflation rate before and/or after retirement
• Longevity: risk of outliving retirement funds based on standard life expectancy
• Communication and Education: risk of inadequate or unclear communication and education to plan members
• Other risks resulting in large fluctuations in administrative costs reducing long-term investment returns, etc

GBC offers a complete service for Capital Accumulation Plans to identify issues and risks and to recommend policies and procedures for plan sponsors to manage such risks while reducing plan administrative costs.