Sometimes balance sheets blend together more easily than benefits. It is important you take a close look at costs, demographics, features, design, providers, policies, and the legality of merging and/or terminating a plan before proceeding. North Pier brings a sage eye to this process, so plan sponsors can make fully informed decisions. Whether during the pre-merger evaluation phase or the benefits integration process, North Pier stands ready to serve you during this pivotal time of transition.
For organizations potentially acquiring the liabilities of a defined benefit plan as part of an acquisition, North Pier can provide valuable financial modeling to help identify the true economic cost of the liability. All too often, investment bankers only provide five year expected cash-flows and misleading statutory funding ratios. Frequently the true ramifications of assuming the plan are far more costly than represented.