Fulfillment

BCG Pension Risk Consultants recognizes the administrative burden the plan termination election process can have on you as a plan sponsor. BCG offers a wide range of fulfillment services through our 5 Step Process that make your involvement less stressful while still accomplishing your fulfillment needs.

BCG’s Five Step Process

Define – The group of participants are defined. Who should be offered a lump sum?
Populate – Pre-Election Announcement Letter and election package to all participants explaining termination and benefits, course of action and a web portal to view information.
Distribute – Forms are populated with personal data & options and mailed to participants while a reminder letter is sent after 14 days reminding participants of expiration date.
Review – Election forms are collected and viewed to ensure they are In Good Order “IGO”. Forms Not In Good Order “NIGO” are sent back to participants with a letter and an immediate call so they can be corrected. All required information from election forms are extracted for annuity placement or lump sum distributions.
Guide – Our trained professional help guide and direct your participants through the entire process with a call center as well as outbound calls to ensure the receipt and answer any questions.

We Can Help You With

Fiduciary Protection
Cost Savings
Project Management
Live Call Centers
Outbound Calls
Reminder Postcards
Participant and Plan Sponser Website
Answer Participant's Questions
Informed Decisions
Independent Investment Advice