Kidder-Lane Actuarial Services was founded as Lane & Associates in 1992 to serve the pension actuarial needs of plan sponsors and their third-party pension administrators. The firm specializes in helping clients manage the many funding and compliance risks associated with cash balance and defined benefit plans. We work closely with clients and their advisors to optimize retirement benefits and tax savings, while assuring plan compliance.
In 2011, the firm was acquired by Kidder Benefits Consultants of West Des Moines, Iowa. Doug Lane, former principal at Lane & Associates, became president of Kidder-Lane.
The acquisition was the logical next step in a working partnership that dated back to the mid-1990s. Bringing an accomplished actuarial team inside the Kidder organization enhanced its ability to serve its growing base of defined benefit and cash balance clients. Kidder-Lane would benefit from access to the additional plan design, documentation and system resources and expertise many of its clients were asking for.
The combined firms have been recognized nationally for their leadership in the defined benefit and cash balance arenas. According to a 2013 Plan Sponsor survey of defined benefit plans, Kidder ranked fourth in the total number of hybrid defined benefit plans sold.