Deferred compensation done right
can make your compensation plan more attractive.
Are you seeking to offer more competitive compensation without increasing salaries? To retain key executives over a period of time? To offer owners or key leadership additional compensation? Deferred compensation may be the best option for your organization.
Organizations evaluating more competitive compensation packages
Organizations interested in creating an additional type of compensation for specific employees
Organizations seeking to increase retention of key employees
Organizations seeking to create long-term retention incentives to address high turnover in key positions
Help recruit and retain talented employees with tax-beneficial compensation
Increase cash flow by potentially lowering salary costs while still providing attractive compensation
Create customized compensation plans for key executives or others
Deferred compensation describes almost any type of compensation that is not paid to the employee at the time it is earned, but instead deferred – typically to provide benefits to the employee. Plans can be designed to be tax-qualified like 401(K), 457 or 403(b) or non-tax-qualified like top hat, golden handcuffs or excess benefit plans. To develop an appropriate plan, AGH's advisors meet with you to determine the organization's goals.
Our advisors can help develop and implement a deferred compensation plan that complies with ERISA, DOL and IRS regulatory requirementss as well as recognize the limitations and qualifications such plans may have. In addition to the most common types of deferred compensation plans, AGH has experience in setting up more complex plans such as "rabbi trusts," taxable trusts and bonds.
Senior Vice President
Employee Benefit Services
Brad Bechtel leads AGH’s employee benefit services (EBS) division, which serves clients nationwide. EBS is one of the region's largest providers of retirement plan recordkeeping services for daily valuation plans. The division provides consulting services to clients on employee benefit plans, including plan design, implementation, operation, fiduciary due diligence, compliance, and through affiliate AGH Wealth Management, discretionary and non-discretionary investment fiduciary services, investment advisory services and employee education.
Bechtel is experienced in executive compensation, including non-qualified, phantom stock, top hat and excess benefit plans, as well as other deferred compensation approaches. He has consulted for numerous Fortune 500 corporations on investment management and fiduciary due diligence. He also provides search and selection due diligence consulting services for companies seeking new investment and recordkeeping providers for their qualified plans. Bechtel is a registered investment advisor who holds Series 7, 24 and 66 FINRA registrations, and he is a member of the American Society of Pension Professionals & Actuaries.
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