STRATAS

STRATAS is Chernoff Diamond's proprietary Retirement Plan Solutions. Developed to integrate the three key elements of a successful plan - custom and intelligent plan design, superior administrative services and unlimited investments -
STRATAS provides the most powerful tools for implementing and managing all aspects of even the most sophisticated retirement benefits program.

STRATAS maximizes benefits to business owners, partners or key employees. With IRS approval, we have devised a way to double or triple benefits to key employees without significant staff costs.

Smart Plan Designs. Unlimited Investments. Comprehensive Service.

With more than 25 years of experience combined with the proper blend of professional expertise, state-of-the-art systems and exacting standards, Chernoff Diamond administrative teams transform complex tasks into seamless functionality. We streamline administrative processes and expand services to employers and participants alike. Chernoff Diamond designs plans that are uniquely responsive to the needs of each client and are developed on a solid foundation of expert consulting, unlimited investment alternatives, and superior administrative services. Our senior actuaries have over 30 years of experience at nationally recognized actuarial consulting firms. As a result, we provide large firm expertise without the large firm cost.

Our objectives are simple:
  • To ensure that you, our client, and your plan participants realize meaningful benefits on the most efficient basis possible.
  • To build valued and lasting relationships with our clients.
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Or for more information please call:

Private Client Services
(516) 683-6100 / (212) 772-0902
Chernoff Diamond & Co., LLC
990 Stewart Avenue
Suite 520
Garden City, New York 11530




Ancillary Retirement Planning Services offered by Chernoff Diamond include:

Defined Contribution Plan Services

Daily valuation
Internet and voicemail account access
Unlimited investments
Retirement planning and investment guidance, on line.
Participants statements, online or by mail.
Participant enrollment and educational workshops.
Automated loan modeling.
403(b), 401(k) and 457 administration

Defined Benefit Plan Services

Defined benefit administration including new comparability & cash balance plans.
Actuarial consulting, innovative plan designs and comprehensive non-discrimination testing.
Financial statement preparation in accordance with FAS 87, FAS 88 and FAS 132.
Postretirement healthcare valuations - FAS 106, FAS 132.
Merger and acquisition due diligence.
Litigation support and expert testimony.

ERISA Compliance Services

Plan Document preparation and IRS Submission.
Summary Plan Description and employee communications.
IRS and DOL compliance program submissions.
Comprehensive research and compliance services.

GASB - Government Accounting Standards Board - Compliance

Postretirement healthcare valuations - Medical, dental, vision, life insurance, etc.
Other postretirement benefits - Sick time, severance, LTD, etc.
Expert witness testimony for arbitration.

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