BPS&M Defined Benefit Plan Consulting

Our consulting professionals are involved in each step of the actuarial valuation process, from data collection to valuation results presentation. With a thorough understanding of your plans, our consultants identify opportunities and develop recommendations that favorably impact your bottom line, control risks, manage your compliance, and enhance the value of your benefits among participants.

Our defined benefit plan experts can help you with:

  • Plan design and consulting
  • Document drafting
  • Annual actuarial valuations, forecasts, and accounting disclosure calculations
  • Government forms and notices
  • Nondiscrimination and other compliance testing
  • Participant communications, administration, and other services
  • Web access to benefits and modeling
  • Strategic asset and liability management

Meet our consultants

Learn more about the consultants of BPS&M.

Pamela M. Anderson Pamela M. Anderson, ASA, EA

Consulting Actuary

Pamela joined BPS&M in 1984. Since then, she has gained expert level experience in actuarial and employee benefits consulting. She is an Associate of the Society of Actuaries and an Enrolled Actuary, and a Fellow of the Conference of Consulting Actuaries.

Contact Pamela at 615-665-5358 or pamela.anderson@bpsm.com

Elizabeth H. Bennett Elizabeth H. Bennett, EA, MAAA, FCA

Consulting Actuary

Beth is a consulting actuary supporting our clients’ administration and compliance for both traditional and cash balance defined benefit plans, preparing actuarial valuations for funding and accounting disclosure, and conducting various forecasting and risk management projects. She has been a project manager and transition consultant for Wells Fargo’s growing defined benefit pension plan administration outsourcing service, known as Total Retirement Management.

Contact Beth at 615-665-5364 or beth.bennett@bpsm.com

Rachel G. Bowling Rachel G. Bowling, ASA, EA, CERA

Consulting Actuary

Since joining the firm in early 2007, Rachel has participated in projects that have allowed her to gain a variety of pension experience. Rachel’s current responsibilities include preparation of actuarial valuations, accounting disclosures, and government forms for a diverse group of pension clients. She also works with calculation and actuarial work for cash balance plans and is experienced with nondiscrimination testing.

Contact Rachel at 615-665-5384 or rachel.g.bowling@bpsm.com

Mandy Lee Bratten Mandy Lee Bratten, FSA, EA, MAAA

Consulting Actuary

Mandy Lee has been a pension consultant for BPS&M since 2003. She has experience performing valuations and projections, and she has taken a key role in managing several large benefit calculation projects. She is an Enrolled Actuary and a Fellow of the Society of Actuaries.

Contact Mandy Lee at 615-665-5458 or mandy.l.bratten@bpsm.com

Jennifer A. Butler Jennifer A. Butler, EA

Consulting Actuary

Jennifer has over 11 years of pension experience. She specializes in the preparation of governmental forms and pension calculations. She is also skilled in data analysis for a variety of defined benefit plans.

Contact Jennifer at 615-665-5346 or jennifer.a.butler@bpsm.com

Brad Fisher Brad Fisher, FSA, EA, FCA, MAAA

Principal

Brad has been providing actuarial and employee benefits consulting since 1987 and has been a principal of the firm since 1990. His personal highlights include maintaining ongoing relationships with many clients through a variety of circumstances and management changes over the last 30 plus years. He continues working with his clients to manage the risks related to their retirement plans. A number of those plans have been terminated effectively and successfully in recent years. He has also worked with a prominent not-for-profit organization to establish an effective SERP program for senior management.

Contact Brad 615-665-5316 or brad.fisher@bpsm.com

Laura B. Garretson Laura B. Garretson

Pension Consultant

Laura specializes in the use of our underlying software platform for our defined benefit administration services. Laura has significant experience with transitioning defined benefit plans from one administration system to another with knowledge in all the operational and administrative aspects of defined benefit recordkeeping. Laura works directly with the prior record keeper to minimize the plan sponsor’s involvement in the operational portion of the transition.

Contact Laura at 615-665-5388 or laura.garretson@bpsm.com

Adam Gray Adam Gray, FSA, EA, CERA, MAAA

Consulting Actuary

Adam is a consulting actuary with experience in the design, funding, accounting disclosure, and administration and regulatory compliance of defined benefit pension plans. Adam has gained in-depth experience in a wide variety of pension plan designs, which include both qualified and nonqualified plans. He also led the development of the Wells Fargo Pension Discount Curves.

Contact Adam 615-665-5313 or adam.g.gray@bpsm.com

Michael G. Guyton Michael G. Guyton, FSA, EA, MAAA

Consulting Actuary

Michael specializes in advising employers on funding, accounting, and plan design issues for qualified retirement plans and nonqualified retirement plans. He is the current leader of the BPS&M Government Plan Practice Group. His role is to keep members of the group informed of all activities in the governmental plan area. Michael is also responsible for the Funded Status Scorecards under the firm’s Asset/Liability Practice Group.

Contact Michael at 615-665-5355 or michael.g.guyton@bpsm.com

Tim Lavender Tim Lavender, FSA, EA, MAAA

Principal

Tim focuses on the design, funding, administration, and regulatory compliance of retirement plans. Tim works with governmental entities, not-for-profit and for-profit private employers, and union groups. Tim uses a breadth of skills to assist his clients in meeting their objectives including actuarial forecasting, plan design analysis, stress testing, experience studies, and communication initiatives. He seeks to understand the unique needs of the client, create and analyze results, and then work alongside the client to reach and implement the solution.

Contact Tim at 615-665-5305 or tim.lavender@bpsm.com

Sylvain Limprevil Sylvain Limprevil, ASA, MAAA

Consulting Actuary

Sylvain joined BPS&M in 2013 after working in the national valuation center for a major consulting firm, where he was responsible for delivery of actuarial valuations for over 85 clients Sylvain is a consulting actuary with expertise in all aspects of pension and postretirement medical plan valuations and defined benefit plan designs.

Contact Sylvain at 615-665-5321 or sylvain.Limprevil@bpsm.com

Megan A. McGee Megan A. McGee, FSA, EA, MAAA

Consulting Actuary

Megan is a consulting actuary supporting our clients’ administration and compliance for both traditional and cash balance defined benefit plans, preparing actuarial valuations for funding and accounting disclosure, and conducting asset/liability forecasting and risk management projects since 2007. She has worked on a wide variety of pension plan designs, which include both qualified and nonqualified plans.

Contact Megan at 615-665-5356 or megan.a.mcgee@bpsm.com

Alan C. Pennington Alan C. Pennington, FSA, EA, MAAA

Principal

Alan is the senior consultant for a number of our key clients. He has a unique combination of pension consulting and software development expertise that allows him to provide diverse software solutions to assist clients with managing data and calculating benefits. In addition, Alan is regularly involved in many traditional pension projects including asset/liability studies, experience studies, benefit studies, and liability projections to name a few. He is a member of the firm’s Government Practice Group.

Contact Alan at 615-665-5363 or alan.pennington@bpsm.com

Sterling Price Sterling Price, FSA, EA, MAAA

Principal

Sterling has 19 years of actuarial and consulting experience related to the design, funding, administration, and regulatory compliance of retirement plans. He has experience with both qualified and nonqualified retirement plans. Sterling has worked with a wide range of clients including governmental entities, church groups, and private employers. Sterling also had extensive involvement in the implementation of the firm’s actuarial valuation software.

Contact Sterling at 615-665-5450 or sterling.price@bpsm.com

Laura Stewart Laura Stewart, FSA, EA, MAAA

Principal

Laura is a consulting actuary with over 15 years of experience with traditional and cash balance defined benefit plans. In addition to actuarial valuation work, she works closely with clients on plan design and nondiscrimination testing issues. She works with a broad array of sponsor plans including defined benefit, defined contribution, and nonqualified plans. She also has significant experience transitioning defined benefit plans to our automated defined benefit administration system.

Contact Laura at 615-665-5360 or laura.s.stewart@bpsm.com

S. Kevin Sullivan S. Kevin Sullivan, FSA, EA, FCA, MAAA

Principal

Kevin specializes in plan design and actuarial services for governmental employers and professional service entities. He works with a broad array of sponsor plans including defined benefit, defined contribution, and nonqualified deferred compensation plans. Kevin has been published in the “Employee Benefits for Nonprofits” and has been a presenter at the Enrolled Actuaries Meeting. Kevin is a member of the firm’s Government Practice Group and Cash Balance Practice Group.

Contact Kevin at 615-665-5343 or kevin.sullivan@bpsm.com

Thomas A. Swain Thomas A. Swain, FSA, EA, FCA, MAAA

Principal

Tom Swain is a BPS&M principal, BPS&M Marketing Director, and a member of the firm’s management committee. He has been a principal in the firm since 1987 and has consulted in the design, funding, administration, and fiduciary and regulatory compliance of defined benefit, defined contribution, and nonqualified deferred compensation plans since 1984. He has an in-depth understanding of—and is highly skilled in implementing—the complex rules and regulations inherent in qualified retirement plans. He also has experience and expertise in supporting companies involved in mergers and acquisitions, having supported clients in over 100 transactions.

Contact Tom at 615-665-5319 or tom.swain@bpsm.com

Justin C. Thacker Justin C. Thacker, FSA, EA, FCA, MAAA

Principal

Justin has over 20 years of actuarial and consulting experience related to the design, funding, administration, and regulatory compliance of both qualified and nonqualified retirement plans. Justin also has experience with public and private sector employer accounting disclosure requirements for postretirement medical plans. ustin is a member of the firm’s Government Practice Group.

Contact Justin at 615-665-5387 or justin.thacker@bpsm.com

Thomas A. Vaught Thomas A. Vaught, FSA, EA, FCA, MAAA

Principal

Tommy has 22 years’ experience in the design, funding, administration, and regulatory compliance of retirement and nonqualified deferred compensation plans. His primary practice areas are plan design and asset/liability studies. Tommy’s primary areas of practice are pension actuarial consulting services and retirement consulting for qualified and non-qualified retirement plans. In addition to his client responsibilities, Tommy is the leader of the BPS&M Asset/Liability Practice Group.

Contact Tommy at 615-665-5437 or thomas.a.vaught@bpsm.com

Noel Whitehurst Noel Whitehurst, FSA, EA, CERA, MAAA

Consulting Actuary

Noel is a consulting actuary with over six years of experience supporting clients in the design, funding, accounting disclosures, administration, and regulatory compliance of their retirement plans. He is a transition consultant for Wells Fargo’s Total Retirement Management. Noel has experience in a wide variety of pension plan designs, including both qualified and non-qualified plans.

Contact Noel at 615-665-5445 or noel.a.whitehurst@bpsm.com

Matthew S. Widick Matthew S. Widick, ASA, EA, MAAA

Consulting Actuary

Matthew is a consulting actuary working for BPS&M since 2008. In that time, he has gained experience working on valuations and benefit calculations, as well playing a major role in setting up and running a large benefit statement project. He is currently working towards the designation of Fellow in the Society of Actuaries.

Contact Matthew at 615-665-5407 or matthew.s.widick@bpsm.com

James R. Hudgins James R. Hudgins, ASA, EA

Consulting Actuary

James began working in the actuarial field in 1980 and joined BPS&M in 1985. He has over 30 years of employee benefits consulting experience related to the design, funding, administration and regulatory compliance of retirement plans. He has particular experience and expertise consulting with defined benefit and defined contribution plans, including cash balance plans and Employee Stock Ownership Plans and is a member of the firm’s ESOP Practice Group.

Contact James at 601-984-8963 or james.hudgins@bpsm.com

Hunter Pratt Hunter Pratt, FSA, EA, FCA

Principal

Hunter is a senior consultant with the firm and specializes in the design and administration of employer sponsored retirement plans of all types, including defined benefit, defined contribution, 403(b), and non-qualified. His current clients include many significant private businesses and governmental agencies. Hunter has worked with clients as an actuary and employee benefits consultant since 1973 and has been a principal of the firm since 1977.

Contact Hunter at 601-984-8960 or hunter.pratt@bpsm.com

Kenneth F. Hohman Kenneth F. Hohman, FSA, EA, FCA, MAAA

Principal

Ken began working in the actuarial field in 1976, and joined BPS&M in 1978, opening the Louisville office of the firm in 1979. His primary area of expertise is in the design, funding, administration and regulatory compliance of qualified and nonqualified retirement plans. Ken heads the firm’s ESOP Practice Group and has extensive experience in assessing the feasibility of establishing ESOPs, including repurchase liability studies.

Contact Ken at 502-253-4628 or ken.hohman@bpsm.com

Jeff Thornton Jeff Thornton, ASA, EA, MAAA

Consulting Actuary

Jeff started in the actuarial field in 2005 and has been with BPS&M since 2009. Jeff works in the defined benefit department in our Louisville office. Jeff is a member of the BPS&M Cash Balance Plan Practice Group.

Contact Jeff at 502-253-4639 or jeffrey.p.thornton@bpsm.com

Wesley J. Wickenheiser Wesley J. Wickenheiser, FSA, EA, MAAA

Principal

Wes' primary area of expertise is in the design, funding, administration, and regulatory compliance of qualified defined benefit retirement plans. His clients comprise a variety of employers, including governmental entities, not-for-profit, and for-profit private employers representing a wide variety of industries including manufacturing, medical care, financial institutions, and professional service firms. Wes is a member of the BPS&M Cash Balance Plan and Public Pension Plan Practice groups.

Contact Wes at 502-253-4625 or wesley.j.wickenheiser@bpsm.com