DC & DB Individual Annuities

DC Plans

For participants leaving a DC plan who would like to purchase a fixed immediate annuity, we can purchase them at group rates through our master contracts. By offering many competitive bids at group rates, as opposed to retail pricing, participants can receive more monthly income.

Brentwood’s annuity search services for defined contribution plans are based on the Department of Labor Interpretive Bulletin 95-1, and its guidelines on how to purchase the “safest available” insurer. Brentwood helps plan sponsors with their fiduciary obligation to participants by providing due diligence as to whether an insurer qualifies as such.

Relative Value Quotes

Many plans require a relative value of a participant’s lump sum when they withdraw from the plan. Brentwood satisfies this requirement by getting an annuity quote that covers all annuity options in the plan.

DB Plans

Often DB plans will offer lump sums during plan terminations and are left with just a few retirees who chose the annuity option. If the premium for those annuitants doesn’t qualify for a group annuity contract we can purchase individual annuities for these participants using group rates through our master contracts. By offering many competitive bids at group rates, as opposed to retail pricing, plan sponsors can save money on the premium.

Our search services for these annuities are based on the Department of Labor Interpretive Bulletin 95-1 and our own internal analysis.

Individual Annuities

Plan sponsors can now receive qualified or non-qualified individual immediate annuity quotes for participants in defined benefit, defined contribution and SERP plans. Please fill out the form below with the appropriate information and we will respond within 24 hours.


Individual Immediate Annuity Quote

California
Corporate Headquarters

5999-B Ridgeview Street
Camarillo, CA 93012


805-764-0300
scott.harbin@brentwoodllc.com

Florida
Regional office

1221 First Street South, 11A
Jacksonville Beach, FL 32250


904-372-7105
neil.ronco@brentwoodllc.com