The Ross Companies designs, implements and manages comprehensive outsourcing for clients’ frozen defined benefit plans.
We created a dedicated service in response to the growing need in the marketplace for clients who have frozen or are planning to freeze their legacy defined benefit plan(s).
In most cases, it is advantageous for the client to bundle services from disparate providers and manage the frozen plan’s administration from one location with one point of contact.
Many companies are opting to freeze their defined benefit programs to better control expenses and replace them with improved defined contribution plans.
The Ross Companies has developed a proprietary system for the management of all data and client records, the preparation of plan benefit estimates and benefit certifications, comprehensive management and administration of the participant service function and oversight of all of the plan’s administration requirements.