Recordkeeping for International Benefit Plans

Our NQ-specific benefit administration platform accommodates the needs of global employers with worldwide employee populations, supporting both US- and non US-based programs in multiple jurisdictions with currency exchange and other features.

 

Balser provides administration and account services for global, nonqualified benefit plans sponsored by multinational corporations with management employees working and living in the U.S., U.K., other European countries, Africa, Asia, Australia, and South America. Unlike other TPAs, Balser’s capabilities accommodate several discrete (non U.S.) country-specific plans valued in multiple currencies (toggled/converted instantaneously to USD, the core plan currency) and requiring the valuation of stock from worldwide markets. These plans include underlying investments, trusts, custodians, currency exchange issues for contributions, valuations, special distributions, and numerous other unique processes.

Our service representatives and content experts work daily with global, non-qualified programs serving clients who sponsor multiple plans with separate rules, distinct valuation procedures, numerous payroll feeds from different countries, and accounts that display and distribute amounts in various currencies.