| 摘要 |
A method and system for administering the hedging of an employee deferred compensation plan, e.g., which employs hedging of NQDC plan liabilities using total return swaps and/or put and call options and/or forwards, for tax purposes. A plan coordinator coordinates a transfer of information between an employer/plan sponsor, a plan administrator that communicates with the employees/plan participants, and a balance sheet provider. The plan coordinator receives and reconciles data and then calculates and modifies relevant information for tax purposes and use in reports that are provided to the plan sponsor and balance sheet provider. Calculations and modifications for tax purposes allow the plan sponsor to reap tax benefits from the NQDC plan swap hedge. The reports include an upcoming transactions report, which indicates new compensation deferrals, reallocations of previously deferred compensation among specified indices, and withdrawals. A NQDC plan swap hedge re-weighting request report is prepared to notify the balance sheet provider of necessary changes to the NQDC plan swap hedge. Deferred compensation plan details and summary reports are also provided to show the plan information in both individual form and aggregated plan form. Moreover, swap details/summary reports, a put and call option details report, and a forward details report may be provided which indicates future payments that the balance sheet provider must pay the plan sponsor under the swap and/or option and/or forward hedge, as well as hedge instrument information in both in disaggregated individual form and aggregated form. A deferred compensation exposure/swap position summary report is based on differences between deferred compensation liabilities and NQDC plan swap hedges, which represent the plan sponsor's net risk or exposure.
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