info@wrightwoodadvisory.com
512.332.9443

Institutional Insurance and Non-Qualified Plan Consulting

Wrightwood Advisory is the culmination of over 50 years of consulting in the Institutional Insurance and Non-Qualified Plans space.

Our Solutions For You

Non-Qualified Deferred Compensation Plans

Non-Qualified Deferred Compensation (NQDC) Plans operate much differently than other employee benefit plans.  There are numerous considerations for a plan sponsor during the design and implementation phase.

Participant balances are reflected as a liability on the organization’s balance sheet, are “at risk” in the event of bankruptcy, and deferral and distribution elections are governed by IRC 409A.  Furthermore, informally funding plan liabilities can be a challenging exercise as there are tax and liquidity concerns that must be addressed

ICOLI

Insurance Companies face unique challenges when financing employee benefit costs.  To address this problem many insurance companies purchase life insurance on their key employees to help recover these costs as well as hedge against a potential economic loss of an employee. 

ICOLI is an accepted and longstanding practice with over $30 billion currently held on over 100 insurance company balance sheets.

BOLI

Banks in the United States are searching for creative solutions to enhance tax-effective yield on assets as well as fund their ever-increasing employee benefit cost. 

To address this problem many banks purchase life insurance on their key employees to help recover these costs as well as hedge against a potential economic loss of an employee.  BOLI (Bank-Owned Life Insurance) is a well-established and accepted asset that provides banks a tax-efficient asset to offset some of the cost of employee benefits.

Process

Evaluate

Our team will benchmark your plan design against the current market, and audit your informal funding for cost savings and expense control. We use a proprietary process that ensures your plan design is competitive in the marketplace, and we often uncover seven-figure cost savings in our audit process of informal funding

Execute

Wrightwood creates a project timeline and manages the execution of all changes in the plan design, as well as potential restructuring of informal funding

Manage

Non-Qualified Plans typically undergo enrollment each year. Our team provides executive sessions, group support, and 1on1 meetings to plan participants each year to make sure the plan is highly perceived, comprehended, and utilized. Additionally, we monitor informal funding so that plan liabilities are appropriately hedged

Interested in a plan benchmark or audit of your insurance assets?