Solutions
Fully insured group annuity contracts and the consulting, compliance, underwriting, and brokerage services around them.
Pension plan terminations
401(k) plans have become the primary retirement plan for many employers. DIETRICH specializes in defined benefit plan termination: notifications, plan review, feasibility studies, full termination or partial settlement, monitoring critical dates, and negotiating competitive annuity pricing.
Pension risk management & transfer
Purchasing annuities to transfer all or part of the plan’s liabilities, paying lump sums to participants, or restructuring investments to reduce risk. Industry names include buy-ins, buyouts, plan terminations, and lift-outs. The result: the risk of paying the benefits moves from the employer to a highly rated insurer.
Individual placements
Using master contracts with highly rated insurers, we provide individual, institutionally priced annuity contracts, including structured programs that annuitize participants as they reach retirement.
Guaranteed income annuity (401(k)) · ANNUA
Plan designs that let employees convert part of their 401(k) savings into a lifetime income stream, or purchase a separate lifetime annuity at institutional pricing. Visit ANNUA.
Retiree medical
An insured funding solution using a VEBA with a specially designed group annuity contract that pays the employer-funded medical subsidy for the life of the retiree.*
Non-qualified plans
Executive deferred compensation benefits can be converted to income through annuitization and insured with an insurance company, an extra layer of protection over a self-funded plan.
Services
Consulting
Feasibility, liability monitoring, settlement analysis, annuitization milestones.
Compliance
Plan termination process, DOL IB 95-1 support, plan interpretations, participant communications.
Underwriting
Plan document interpretation, actuarial review, census data cleansing, preliminary pricing via the secure Bid Spec / Data Portal.
Annuity brokerage
Reverse auction bidding, contract installation, participant education seminars and webinars.
Start with a 30-minute review call
Step 1: a quick call to review your company’s pension risk. DIETRICH researches options, then a 60-minute results call walks through solutions and next steps.