I’m Lucas Benson, Vice President of Operations and Enrolled Actuary at Security Administrators, Inc. (SAI). I’d like to welcome you to our website, take a few moments to acquaint you with our company and how we can help you.
Security Administrators, Inc. (SAI) was established in 1984 to provide third-party administrative and actuarial services to businesses of all types. Our clients range in size and diversity from individuals and professional service corporations to universities and manufacturing companies.
Rather than relying on mass-marketed or inflexible bundled plans, SAI designs and administers each plan individually, based on the needs of the individual client. We believe that your retirement plan should be customized to suit your goals, and not the other way around.
We are unique in the depth and breadth of the plan designs we offer. From 412(e)(3) Fully Insured Plans to maximize protection for you and your heirs, to an innovative 3 Plan Cash Balance Design to maximize the efficiency of a deferred tax vehicle, SAI will make absolutely sure that your plan works for you.
SAI has offices located in Binghamton and Syracuse, New York. We have a highly trained and knowledgeable staff of employees including actuaries and credentialled pension analysts. We have the flexibility and a wealth of experience that allows us to handle complex plans for individuals or larger companies. Most of our professional staff has more than 20 years of service.
We believe that your retirement plan is best served by a team of individuals, each with a specific focus, rather than one firm representing multiple interests. As such, we are not a producing Third-Party Administrator, but instead work with your existing financial advisor and accounting team to ensure a continuity of service and customized experience you can’t find with bundled services.
Allow our staff to help you take your plan to the “Next Level.” Contact us and let us know how we can be of assistance.
Sincerely,
Lucas R. Benson, EA, ACA, MSEA
Security Administrators, Inc.
Vice President – Operations and Senior Enrolled Actuary
Meet Our Team Members
Vice President – Operations and Enrolled Actuary
Under Lucas’ leadership, SAI is committed to providing you with an exemplary level of service and support for your retirement goals. With a decade of experience, Lucas is a plan design specialist, especially in the rapidly expanding Cash Balance industry. In his current role, Lucas not only oversees company operations, but serves in a position as Actuary, and consults on a large block of our plans.
Assistant Vice President - Binghamton Office
Kathy has more than 35 years of pension experience with full administration on various types of qualified plans including profit sharing, target benefit and defined benefit plans. She has been one of the driving forces directing the defined benefit plan sector of our business including cash balance and fully insured premium plans. She is particularly involved with DB plan design, administration and termination, including training other staff to assist with this work.
Manager - Syracuse Office
With more than 30 years’ experience in working with various qualified pension plans including 401(k), 403(b), and profit sharing plans, Connie is well versed in retirement plan administration. Connie has had numerous positions during her career in the insurance industry which includes serving as supervisor of the pension administration department for a large U.S. life insurance company.
SAI - Binghamton Office
SAI - Binghamton Office
100 Court Street, Binghamton, New York 13901
877-SAI-BING (724-2464)
Fax: 607-771-6842
E-mail: [email protected]
SAI - Syracuse Office
SAI - Syracuse Office
906 Spencer Street - Suite 200, Syracuse, NY 13204
877-SAI-SYRA (724-7972)
Phone: 315 474-8331 | Fax: 315-474-8460
E-Mail: [email protected]