Because data is fundamental to every part of plan administration, ensuring that valid data is reported is one of the most important things a plan sponsor can do to live up to its fiduciary duty. As complicated as this sounds, ensuring good data on the front end creates far fewer headaches than having to correct data-created problems on the back end.

Lost Participants Represent A Compliance Risk

Eligible to commence, age 70 ½, uncashed checks, terminating plans – they all require timely action while presenting data reliability issues that can cause delays.

Learn More

Identify Deaths To Prevent Overpayments

As a fiduciary you need to ensure that pension benefits are only sent to those entitled. A death audit will also lower your PBGC premiums and reduce funding liabilities, and is a prudent use of plan assets.

Learn More

Instant Access

When you want it, when you need it- have your hands on participant data within seconds. Whether you are looking for a current address or obituary information, our intuitive web-based application with full traceability is available 24/7.

Learn More

Fills The Gap Of Missing Or Incorrect Data

Many of the biggest challenges are solved with clean participant data. PBI can help you retrieve data elements. SSN, Name, DOB, and Phone Retrieval are just a few of the services we provide.

Learn More

Did you know?

ASPPA recently polled its members for the top 10 topics they would like covered by Plan Consultant magazine.
Guess what was Number ONE?

  1. The Missing Participant Problem… PBI solves the problem!
  2. Correcting Failures to Provide Timely or Accurate Participant Notices… that one too!
  3. Effective Strategies for Takeover Case Success… yep!
  1. Plan Terminations… We can help!
  2. Participant Communication: Paper or Electronic?… gotcha covered!
  3. Plan Documents… ditto!

PBI PROUDLY ASSISTS PENSION PLANS WITH

  • RMD 70 ½
  • QDRO
  • Uncashed Checks
  • Terminating Plan
  • Bulk Lump Sums
  • Returned 1099s
  • Identify Deaths

Supporting services we provide

  • Locate Missing Participants & Their Beneficiaries

  • Resolve Stale Dated Uncashed Checks

  • Instant Access To Address History, Relative And Obituary Information… All In An Intuitive Web-Based Application With Full Traceability

  • Identify Deaths To Eliminate Pension Over-Payments

  • Retrieve Data Elements That Are Missing (SSN, DOB, Name)

  • Communicate Important Information Regarding Plan Changes While Confirming Participant Address

Volatile Markets, Pension Funding Crisis, Mortality Improvements, Increased PBGC premiums – they all lead to challenges for pension plans. Turn over the administrative challenges of participant data to the experts at PBI. For over 34 years we have delivered services to pension plans to meet their fiduciary responsibilities.

Looking for more than a data provider?
REQUEST A CONSULTATION