YEARS IN BUSINESS

15

LOCATED IN

Massachusetts

NUMBER OF EMPLOYEES

20

NUMBER OF BOARDING SCHOOLS WE SERVE

Schools

Modern Capital Executive Solutions

Modern Capital Executive Solutions is led by a myriad of expert consultants. With over 75 years of combined expertise, Credit Unions, Healthcare Institutions, Higher Education, Associations, and other High-Performance Non-Profits, have partnered with us to use our expertise to drive yield, supplement retirement, and optimize retention and succession. Our non-profit clients (both management and boards of governance) leverage our expertise to design, implement, and administer: • Supplemental Executive Retirement Plans • Institutional Asset Management • Benefit Liability Management • Independent Consulting • Compensation Consulting

WHY BOARDING SCHOOLS CHOOSE US

There are two main areas in which schools seek Modern Capital’s expertise: 1. Providing Supplemental Executive Retirement Plan (SERP) options with advantageous key features • Competitive with peer group benchmarks ○ Increases participants’ plan options while minimizing and/or removing their tax obligations • More efficient than 457(f), 401(k), 403(b), and 401(a) plans from an expense, liability and tax perspective • Designed with expense recovery (and possible ongoing income recognition) for the organization • More favorable optics for the organization’s Form 990 2. Overcoming limitations on qualified plan contributions for highly- compensated individuals • Limitations on qualified 401(k), 403(b), and non-qualified 457(f) plans prevent the key talent at nonprofit organizations (executives, key employees, management team, etc.) from maximizing their retirement savings to the degree which they desire • Organizations who are unable to address this issue end up competing for talent • Qualified plan administrators working with independent boarding schools typically do not specialize in out-of-the-box solutions for this issue

OUR MISSION

Protect Human Capital Investment | Sustain Financial Stability
Modern Capital successfully designed a program that met our retention needs, supported our succession planning, and ensured the system’s investment was safe and sound. Throughout the process, they demonstrated their expertise in plan design customization, long term financial impact, accounting rules, and regulatory requirements.
Jason Merkley, President
Modern Capital successfully designed a program that met our retention needs, supported our succession planning, and ensured the organization's investment was safe and sound. Throughout the process, they demonstrated their expertise in plan design customization, long term financial impact, accounting rules, and regulatory requirements. We welcome the opportunity to discuss their work further with any interested organizations.
Tara Seever
Recently we had the pleasure of working with Modern Capital Executive Solutions to develop both a leadership retention strategy and alternative investment strategy for our organization. Led by Mike Miele and Ryan Millman, the process exceeded our expectations—and those of our Board—such that we are pleased to recommend them to other nonprofit organizations.