Our specialized expertise in nonqualified deferred compensation plans helps our clients attract, retain and reward top executive talent, even in the most competitive environments.
A nonqualified deferred compensation plan is designed to provide key employees the opportunity to accumulate savings on a tax-favored basis. Although 401(k) and other qualified savings plans represent valuable tools for accumulating pre-tax savings, they may not be sufficient for employees to reach their retirement savings goal. A nonqualified deferred compensation plan helps magnify pre-tax savings benefits of a qualified plan by removing IRS restrictions not only on total contributions, but also on how those savings can be used. These plans can potentially help your employees accumulate higher potential returns, reduce current income taxes, and create an income stream.
Mesirow is a leader in the design and management of creative executive compensation and benefit solutions that help companies recruit, retain, motivate and reward their key talent. With clients ranging from middle market to Fortune 1000 companies, we go beyond simply identifying compensation gaps and how to address them. We provide turnkey solutions that give you the option to fully outsource your custom plan design. More importantly, we deliver innovative thinking fueled by 30+ years working with nonqualified plan sponsors, which gives our clients a peace of mind knowing we have what it takes to address their ever increasing and complex challenges.
We offer consulting, plan financing, plan implementation and conversion services, record-keeping and ongoing plan administration for nonqualified deferred compensation plans.
Our fully-customized solutions are built from the ground up based on your firm’s unique needs. We design and implement flexible compensation and benefit plans that carefully balance executive expectations with company resources, providing value to both employees and company stakeholders.
We provide a thorough review and analysis of your existing nonqualified deferred compensation plan. After closely examining the plan details and financing selections, we work with you to tailor and implement plan improvements and financing options that benefit you and your participants.
We believe that a one-size-fits-all approach to financing plan liabilities actually fits no one. Before discussing alternatives, we take a thorough assessment of your company’s financial situation.
We design and implement flexible compensation and benefit plans that carefully balance executive expectations with company resources, providing value to both employees and company stakeholders.
Our comprehensive platform allows you to outsource custom communication and education programs that highlight plan benefits and motivate executives to maximize participation.
We strive to provide your executives with concierge-style service to support your all-important executive compensation strategy.
Our Nonqualified Plan team is made of professionals with focused expertise and a strong track record of creating innovative executive compensation and benefit programs.
Our value-added services to nonqualified deferred compensation plans have helped us establish long-term relationships with many Fortune 1000 companies and large, privately held corporations. Learn more about how we can help you be an asset to your top talent. Contact us at 847.681.2510 or send us a message.