Cynthia A. Groszkiewicz

Cynthia A. Groszkiewicz ˘

Director of Employee Benefits Services

Cynthia A. Groszkiewicz has more than 30 years of experience in benefit plan administration, consulting, plan design, and Internal Revenue Service and U.S. Department of Labor audit representation.

Concentrations

  • Qualified plan design including 401(k) plans, cross-tested plans, ESOPs and defined benefit plans
  • Consult during mergers and acquisitions for both buyer and seller
  • Negotiate with IRS and PBGC regarding bankruptcy issues
  • Evaluate services provided by fund holders and other third party administrators to insure compliance and reduce redundancy of services
  • Consult regarding plan investment performance
  • Provide assistance when a change of asset fund holder is anticipated
  • Provide advanced testing for complex retirement plan designees
  • Review and evaluate compliance issues with the Internal Revenue Service and Department of Labor
  • Develop customized software for valuations and compliance testing
  • Represent clients in audits by Internal Revenue Service and Department of Labor
  • Plan compliance with ERISA reporting disclosure requirements for qualified plans and cafeteria plans
  • Cafeteria plan consulting, annual reporting and compliance testing

取扱分野

実績紹介

  • Provided plan design alternatives to meet the specific needs and goals of clients. The plan designs included a 401(k) plan with a non-traditional matching formula, a cross-tested plan or a safe harbor 401(k) plan.
  • Represented clients in plan audits, including the actuarial audit, by the Internal Revenue Service and U.S. Department of Labor.
  • Provided information and advice for negotiations with Pension Benefit Guarantee Corporation to reduce plan termination liability by more than $1 million.
  • Assisted clients in considering fund holder changes; consulted on information to be provided in RFP and analysis proposals; coordinated the transfer of funds to insure accuracy and compliance; developed communication with participants during the transfer process; and coordinated services provided by all consultants to insure adequacy and timely reporting.
  • Provided complete annual administration services including compliance testing, asset reconciliation, Form 5500 annual filing, participant account allocation (for balance forward) and required participant communication.
  • Worked with plans that use a fund holder for daily valuation and record keeping to insure all compliance issues are addressed.
  • Associate, Society of Actuaries
  • Member, American Academy of Actuaries
  • Actuary enrolled by the Joint Board qualified to perform actuarial services under ERISA
  • Member and Qualified Plan Administrator, American Society of Pension Actuaries

受賞歴・所属団体

  • Founder and Member, The American Society of Pension Actuaries Benefits Council of Atlanta, 1993-Present
    • Board Member, Board of Directors,1996-2003
    • Treasurer, 1998-2000
    • Member, Executive Committee, 1997-2000
    • Editor-in-Chief, The Pension Actuary, 1993-1995
  • Georgia Liaison and Speaker, Internal Revenue Service Employee Benefits Conference, Mid-Atlantic Region, 1997-Present
  • Member, American Society of Pension Actuaries Government Affairs Committee, 1997-2000
  • Practitioner Liaison, Gulf States Region

学歴・資格・言語

学歴
  • M.S., Actuarial Science, Georgia State University
  • B.S., University of Nevada, Las Vegas
˘ Not admitted to the practice of law.
言語