Energy Management Company Case Study

Energy Management Company

Corporate Benefit Consulting

The Overview

Company ownership is highly focused on successful and consistent growth through acquisitions.

In order to keep up with the growth pace, they need “best practice” expertise to enable themselves to establish plans that can accommodate all acquisition activity in the most seamless way possible.

The Challenge

  • The need for expertise in Qualified Plans (401K Plans)
  • The need for expertise in Non-Qualified Plans (Defined Benefit Plans)

The Suggested Solution

Legacy would suggest a best practice model for the Non-Qualified Plan, the 401K Plan, and the Defined Benefit Plan to allow the Retirement Plan Investment Committee and all vendor parties to cover the three plans at one time.

As coordinating this many moving parts can be difficult to achieve, Legacy would offer a detailed quarterly fiduciary review process for the benefit committee to fulfill its management review consistently and seamlessly.

Disclosure: All case studies have been written for illustrative purposes and should not be construed as a testimonial or specific client experience. They are hypothetical situations that discuss the complexities of a situation, event, or a problem that one could encounter in the work area.