Abstract: Method and system to track, reconcile and administer the values of life insurance policies in separate accounts, including Stable Value Protected funds. Accordingly, targeted returns are translated into unit values on a daily basis for each fund. Additionally the system tracks restrictions (e.g., timing, amount of withdrawal and amount of reallocations) on a premium-by-premium basis, and tracks the book value, market value, duration and targeted return on a client-by-client basis. The system calculates and tracks the payments and credits applicable to a withdrawal or reallocation request, in addition to the liquidation schedules for each fund based on the payment amounts and credits of specific funds. Additionally, daily unit values are calculated given a periodic targeted return (i.e., a quarterly targeted return).

Abstract: A compensation tracking system provides not only plan tracking at the plan participant level, but also plan participant payment benefit tracking (also referred to as “payout bucket” tracking). Such systems may require that plan participant account balances be capable of being allocated into several targeted investments or indexes. In the context of benefits that are hedged using qualifying hedging transactions, the qualifying hedging transactions are broken down into an aggregate of mini-hedges attributable to each plan participant's possible benefit payments.

Abstract: An automated system for managing the assets and liabilities of Non-Qualified Deferred Compensation (NQDC) plans. This system uses information from money managers, insurance and annuity carriers, plan sponsors and plan participants to track and report the assets and liabilities of NQDC plans on a daily basis. NQDC plans have typically been defined benefit (DB) plans where funding, if any, occurred on a very informal basis. Due to previous systems limitations of insurance carriers, plan sponsors did not have on-line access to the value of their investments or the value of the liabilities of the plan. Furthermore, plan participants did not have on-line access to information about their plan. The present system, in addition to handling DB plans, also manages defined contribution (DC) plans, and allows participants to have immediate access to the value of their benefit.

Abstract: An automated system for managing the assets and liabilities of Non-Qualified Deferred Compensation (NQDC) plans. This system uses information from money managers, insurance and annuity carriers, plan sponsors and plan participants to track and report the assets and liabilities of NQDC plans on a daily basis. The system interfaces with fund managers and insurance and annuity carriers via modem links and with plan sponsors and participants via modem, fax or automated voice response units. The system calculates the value of the liabilities of the plan, the value of the assets of the plan and produces a report comparing the status of each on a daily basis. The system reviews the balance and levels that the sponsor has provided and determines whether changes in asset allocation are required. If changes are required, the system either provides the relevant information to the plan sponsor or directly to the asset manager, whether it be a mutual fund, insurance policy, or annuity that needs adjustment.