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About Our Firm

Hessel & Associates, L.L.C. is a full service third party administrator. Our role is that of educator, catalyst, and facilitator, with the client as the ultimate decision maker. Hessel & Associates, L.L.C. gathers the data needed to prepare a pension plan proposal. The goal of this proposal is to maximize the client's tax position while accomplishing his/her retirement needs. After careful evaluation and consultation with the principals of the company and the client's tax and legal professionals, a decision is made regarding the type of plan or plans that best fulfill the client's objectives. Hessel & Associates, L.L.C. prepares a custom plan document and submits it to the Internal Revenue Service for review and approval. We continue to monitor our clients' plans as new pension laws are enacted.

Our administrative staff and enrolled actuary are responsible for the ongoing administration of the plan including preparation of annual reports and participant benefit statements, completion and filing of required government forms and communication with all appropriate parties.

Hessel & Associates, L.L.C. is committed to a standard of excellence and the highest quality of service, which has built our impeccable reputation in the actuarial community.

The employees of Hessel & Associates, L.L.C., established in 1979, have over 125 collective years of experience in the pension industry, with an average length of service of 10 years. We are members of the following professional organizations:

  • American Society of Pension Professionals & Actuaries
  • Society of Actuaries
  • American Academy of Actuaries
  • CEBA

Staff members attend continuing education seminars offered by ASPA, Corbel and the Society of Actuaries and are taking ASPA's "C" series exams. In addition, monthly in-house educational meetings are conducted by our enrolled actuary.

Hessel & Associates, L.L.C. utilizes "Relius", the pension software system of Sungard Corbel. We are a "beta client" for past and present actuarial software companies, and we are a resource for many accounting and law firms.

 



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