Our Services.

 
 
OUR SERVICES
 
 
NON-QUALIFIED RETIREMENT PLANS

Benchmarking

Design

Implementation, Communications

Plan Management

 
 
TAXABLE TRUST FUNDING STRATEGY AND AUDITS

 

Tax Optimization

Benchmarking Best Practices

Ongoing Trust Management

 
RETIREMENT PLAN COMPLIANCE

 

Tax Optimization

Benchmarking Best Practices

Ongoing Trust Management

 
EXECUTIVE / SALES INCENTIVE AND SEVERANCE PLANS

 

Specialized Long Term Incentive Plans

Severance Plans

Funding

 

Benchmarking, Design, Implementation, Communications, and Plan Management​

 

Vinings assists our clients to efficiently manage their executive benefit programs and plan funding. We employ best practice plan design and peer analysis tools. We help companies to efficiently communicate and manage plans, secure their key executives’ benefits, and maximize after-tax funding through prudent tax-minimization strategies. We provide our clients with the confidence that the strictest standards of financial analysis and due diligence are being utilized.

 

 

 

Total Rewards Strategy

Ongoing Plan

Management

Retirement Plan

Strategy / Design

Security Risk &

Funding Strategy

Plan & Funding

Implementation

 

 

 

TAXABLE TRUST FUNDING STRATEGY AND AUDITS

Benchmarking Tax Efficiency and Best Practices

BENEFIT FUNDING ANALYSIS

 

Liability Determination
Asset Allocation Optimization
Tax Minimization Strategies
Hedging Strategies
Plan Change Impact

FUNDING IMPLEMENTATION

 

Selection: Money Managers, Trustees, Insurance Carriers
Product Placement
Installation & Funding
Requirements
Benchmarking Design/Implementation
Crossover Strategy Planning

ASC 715, OPEB, AND VEBA SERVICES

 

Consolidated ASC 715 Funding Management
Contribution Allocation Strategy
Funding and Investment Analysis
Tax Minimization Strategy
Creation & Assessment
Investment Policy Creation
VEBA Consolidation
Captive Assessments

TRUST PORTFOLIO MANAGEMENT

 

Asset/Liability Matching
Annual Audit/Reconciliation
Yield/Duration Optimization
After-Tax Benchmarking
Asset Reallocation

NON-QUALIFIED PLAN TRUST FUNDING

 

COLI/BOLI Audits
Performance Reconciliation
Product Evaluation
Financial Optimization
Carrier Negotiations
Expert Witness & Litigation Support Services

TRUST FINANCIAL ANALYSIS

 

Tax Minimization Strategies
Funding Vehicle Review
Asset Allocation Optimization
Duration Analysis
Liquidity Planning

 

 

Section 409A Compliance, Process Audits, 401(k) Audit RFPs

 

Vinings has a team of senior compliance consultants providing top tier compliance and retirement risk management services. Our services are available on an as-needed, project, and/or ongoing basis.

We provide clients with the critical skills and expertise required to establish, maintain and enhance a balanced and effective retirement compliance operational risk management program. We help organizations demonstrate a commitment to a strong retirement risk management culture.

 

 

The American Jobs Creation Act of 2004 created Internal Revenue Code (IRC) Section Section 409A after Enron, AIG, and other companies abused their NQDC plans. 

Section 409A significantly changed the deferral rules and taxation of nonqualified plans. Section 409A regulates a broad range of nonqualified deferred compensation arrangements. Its reach extends beyond traditional elective deferral plans and impacts numerous other arrangements, including but not limited to: 

Supplemental Executive Retirement Plans
Employment Agreements
Bonus Plans
Incentive Awards
Equity Plans
Severance Plans 
Perquisites
Post-termination Health Benefits

The primary focus of Section 409A is to restrict when distributions from executive deferred compensation arrangements can be made and when the plan benefits are taxable. Violations may occur if the plan documents/agreements are not 409A compliant. Further, violations may occur if the company and/or administrator actions are inconsistent with the terms of the relevant and compliant written plan. 

Violationsresultwith taxation and penalties to the participant: all benefits/accounts become immediately taxable, even if not yet received. The additional penalty includes a 20% tax on the total account balance plus interest from the date of deferral.

Vinings has developed a pre-audit service
toreviewourclients plans that are subject to 409A regulations. During our process, we:

1. Research contracts to identify any potential documentation issues
2. Review payroll processing and participant elections to identify operational issues
3. Assess and analyze possible remedies for non-compliance
4. Assist in developing efficient operational processes to avoid future non-compliance

 
 
 
 
 
EXECUTIVE/SALES INCENTIVE AND SEVERANCE PROGRAMS

 

Specialized Long Term Incentive (LTI) Plans, Severance Plans and Funding


Vinings is experienced in designing programs to attract, reward and retain key talent. Our process includes peer company analysis, analyzing current LTI program efficiency, designing LTI strategies using combinations of company stock or phantom stock, cash, and deferred compensation components.

We help you devise continuation pay plans in the event of a company closing or an individual's end of employment. Your plan may include lump sum or scheduled payments, job training or transfer options and medical coverage.

 

These features, and others, require forethought and assurance that your plan meets and legal disclosure or reporting requirements.We develop funding strategies for these programs that will provide security to plan participants and assure money has been set aside to make future payments. Vinings provides detailed financial analysis and projects cash flow, P&L and balance sheet impact to the plan sponsor responsible for designing funding solutions.

770.422.4800

351 Atlanta Street

Marietta, GA 30060

 

© 2020 by VININGS MANAGEMENT CORPORATION ​