Scope sheet
finbryn.com
Actuarial
Cash balance and defined benefit plan valuation support
Finbryn provides valuation support for cash balance and defined benefit plans, preparing design illustrations, funding workpapers and Schedule SB support schedules from the 2026 IRS limits (a $290,000 annual benefit cap, Notice 2025-67). The plan's enrolled actuary signs Schedule SB, filed with Form 5500 by July 31 for calendar-year plans.
What is included
- Plan design illustration showing contribution ranges by participant
- Annual funding valuation workpapers using the IRS segment rates and mortality tables for the plan year
- Minimum required and maximum deductible contribution calculations
- Schedule SB support schedules for the enrolled actuary's review and signature
- PBGC premium calculation support where the plan is covered
- A funding calendar with installment and filing dates for the plan year
The process
- 1.
Collect plan and owner goals
Pay, birth dates, hire dates, current plans and the contribution range the owner wants to explore.
- 2.
Check the census
Flag missing dates, pay above the compensation limit and part-time staff, and return a written exceptions list.
- 3.
Build the design illustration
Contribution ranges by participant under two or three pay credit choices, with the 2026 limits applied and assumptions listed.
- 4.
Prepare the annual valuation workpapers
Funding target, minimum required and maximum deductible contribution under the plan year's segment rates and mortality table.
- 5.
Prepare Schedule SB support schedules
Data and calculation exhibits laid out for the enrolled actuary, plus PBGC premium workpapers if the plan is covered.
- 6.
The plan's enrolled actuary reviews and signs
The enrolled actuary named in the engagement letter sets assumptions, signs Schedule SB and any funding certification, and the plan administrator attaches it to Form 5500.
- 7.
Auditor or IRS questions go to the signer
If a plan audit or IRS notice follows, the enrolled actuary answers actuarial questions; Finbryn supplies data support through you.
Software
Microsoft Excel, Python
Finbryn is a brand of Northlane Solutions Inc., a Delaware corporation.
Reviewed October 2026