We develop and implement wealth creation plans.
CBS will assist you in ensuring your executives are maximizing their benefits through your nonqualified deferred compensation plans. In examining existing plans, we will thoroughly review for any gaps and identify any potential opportunities for improvement. We will utilize a collaborative approach to better understand your strategic goals, and present objective recommendations tailored to your needs.
We also offer deferred compensation plan design and implementation services for companies looking to add this critical benefit to their executive total rewards program. Our experienced consultants will lead plan design discussions, formulate a consensus design approach, and then develop a draft of the plan and trust documents. We will ensure compliance with reporting and disclosure requirements by assisting with relevant documents and filings. Working in collaboration with you, our team of deferred compensation experts can manage every aspect of plan design and implementation, including drafting, communications, enrollment, technology, investments, recordkeeping, and administration. The plan participants will be well informed through a customized communications strategy developed collaboratively with you.
CBS will continue to partner with your organization throughout the life of the plan, keeping the plan current and ensuring that it continues to meet your organization’s needs and goals. Additionally, we will proactively monitor current trends and regulations that may impact your organization’s deferred compensation plans. Our team of legal experts will help interpret changing regulations and their effect on the plan and offer any necessary recommendations and solutions on how to best respond to changes.