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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