Company Research Report: October Three Consulting LLC

Company Overview

• Name: October Three Consulting LLC

• Mission: To rewrite the rules of pension plans with expertise in defined benefit strategy, management, and administration.

• Founding Details: No information is available on when the company was founded and by whom.

• Key People: No information is available on key people in the company.

• Headquarters: 233 South Wacker Drive, Suite 8350, Chicago, IL 60606-7147

• Number of Employees: No information is available.

• Revenue: No information is available.

• What is the Company Known For: October Three is known for expertise in defined benefit plan strategy, management, and administration. The company is recognized for innovating the traditional approach to pension plan design and risk management.

Products

Defined Benefit Plan Solutions

• High-Level Description: October Three designs personalized defined benefit plans that cover today's needs and anticipate future challenges. The solutions provide a clear view of plan processes for clients.

• Key Features:

• Innovative Plan Design: Tailored design solutions offering long-term solutions.

• Actuarial Expertise: Expert pension actuaries managing fund optimization.

• Risk Management: Usage of advanced technology for informed decision making.

Daily Platform™

• High-Level Description: A comprehensive tool that enhances plan management efficiency.

• Key Features:

• Self-service capabilities

• Minimization of workload

• Enhanced participant experience

PRT Savings Tool

• High-Level Description: A newly launched tool offering detailed insights into the cost savings from transferring pension risks.

• Key Features:

• Analyzes plan funding status

• Projects liabilities

• Evaluates market conditions to provide financial implications and annual savings estimates

Recent Developments

• New Product Launches:

• Introduction of the PRT savings tool, which provides detailed breakdowns and insights into pension risk transfers.

• New Features and Innovations:

• The Daily Platform™ now includes self-service capabilities that have been positively received by clients, minimizing management workload.

• New Partnerships: No information is available regarding new partnerships.

This report outlines October Three's structured offerings and recent updates, showcasing their innovative solutions in redefining the landscape of pension plan management without additional subjective commentary or analysis.