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Your Expert Defined Benefit Administration System
BENEFIT CALCULATIONS • PARTICIPANT COMMUNICATIONS • EMPLOYMENT HISTORY • AUDIT TRAILS
LVadmin is the leading defined benefit administration tool available on the market. LVadmin, part of the LVxact expert actuarial solutions suite, is a complete system of defined benefit administration tools that provides one-stop integration for both small and large plans.

Like all of Lynchval’s products, the standard features of LVadmin are anything but standard. The powerful menus allow configuration of virtually any type of benefit through easy to use drill-down displays and the flexibility of custom programming allows for accurate calculation of the most unique benefits.

LVadmin instantly retrieves employee data, calculates and provides reports of retirement, termination, death and disability benefits. LVadmin is developed with the latest in systems architecture to allow setup of participant access of defined benefit calculations through the internet, voice response and other means. But that’s not all. LVadmin’s Open Database Connectivity can read and write to any database on the market today: Oracle, Access, dB2, Excel, SQL, etc. Also, LVadmin may be used in conjunction with many of the powerful report writers available including Crystal Reports (included with LVadmin).

Customizable Menus The powerful menus allow you to program virtually any type of benefit directly and the flexibility of custom programming means that even the most non-standard benefit can be accurately valued easily and precisely.

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LVadmin

Available to you through Lynchval’s convenient software lease program; software updates, including the most up-to-date changes in Social Security and IRS code, are provided at no charge to the user.

LVadmin USER TOOLS

The desktop user side of LVadmin:
  • Easy to use; requires no knowledge of the intricacies of the pension plan; calculates exact benefit information in a Windows environment; features selected through a few simple keystrokes
  • Retrieval of employee data in seconds, even in large cases
  • Calculates actual and estimated benefits; benefit calculations can take into account Section 401(a)(17) salary caps, Section 415 limits, and other IRS requirements
  • Calculations can be done using any date, past or future; calculations for future dates include estimates of future service and salary
  • Benefit calculations can use actual service and salary history or estimated values
CONTAINS
  • LVindiv – Active Participant Benefit Calculations and Certification
  • LVbatch – Batch Processing of Calculation Scenarios Across Multiple Participants
  • LVreport – Integrated Report Writer
  • LVimport – Database Import Tool
  • LVtools – Database Administration Utilities
USER TOOLS CONTINUED...
  • LVppf – Pensioner Processing Facility
  • Prints reports of retirement, death, disability, and withdrawal benefits
  • Optional web and distributed versions also available
  • Web Hosting
LVadmin DEVELOPER TOOLS

The developer side of LVadmin (Plan Specification Setup)
  • Lets you customize your client’s plan through Windows standard drill-down displays
  • So flexible, most benefits can be defined right in the developer menus
  • Handles contributory plans
  • Handles cash balance plans
  • Handles all normal and optional forms of payment
  • Handles plans with any anniversary date, including date changes resulting in short plan years
CONTAINS
  • LVwin - Benefit Specification Menu System and projects liabilities far into the future.
  • LVadmin User Tools – All interfaces & tools in LVadmin User Tools are also included

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
 

LVcomply 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
 
NEWS
The Governmental Accounting Standards Board (GASB) Q&A
more news
 
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