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BENEFITS

  • Administers all plan types:
  • Executes flexible dollar, share or unit (including mutual fund) accounting.
  • A balance-forward system that also performs record keeping for daily transactions and allows unlimited updates and refreshes of the database and account balances.
  • Individual historical account balances are instantly available for any date past implementation of the system.
  • On-line unlimited account transaction history ensures complete accuracy.
  • All demographic changes, account updates and allocations are retained in the database for easy retrieval and report generation
  • LVdc includes contains many TPA standard reports. data or determination by the system based solely on the pay information
  • Offers Compatibility with Crystal Reports, MS Word, MS Excel and other report writers for user customized reports and statements
  • Performs IRS and Department of Labor regulations and compliance tests: ADP, ACP, 401(b), 401(a)4*
* When used with the Lynchval LVa4 product, available separately.
  • Allows for the easy administration of loans and withdrawals.
  • The import system can easily accept data from most other DC systems as well as payroll systems, etc.
  • LVdc provides for both single and multi-user support.
  • Relational database (RDBMS), which can accommodate an unlimited number of plans, plan sponsors, and control groups.
  • Single user, network and Internet architectures are available.
  • Automatic adjustments allow for corrections to historical units or share values
  • ODBC database compliant – compatible with SQL, MS Access, Oracle, db2 etc

Our user-friendly approach allows the administrator to set up the plans by answering simple plain english questions.
  • Easy “point-and-click” menus
  • Context-sensitive, cross-referenced, indexed help
  • Custom Programming flexibility
  • User customizable
  • On-line documentation

Lynchval Systems Worldwide Inc. provides and supports LVxact, the most comprehensive, technologically advanced pension, OPEB product and service suite available on the market today.

LVxact expert actuarial solutions suite
PRODUCTS
LVval for pension valuation
LVmed for OPEB valuation
LValm for asset liability modeling
LVadmin for defined benefit administration 		 
LVa4 for 401(a)(4) cross testing
LVpacs for pensions accounting and control
LVobj for administrator / participant interface
LVdc for defined contribution
CONSULTING SERVICES
Service Bureau
Technology Consulting
Web Hosting 		 
OPEB–FAS / GASB
Pension Actuarial
Plan Conversion
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