Equity based incentive compensation plan computer system
First Claim
1. A method of using an apparatus to monitor sufficiency of collateral for a loan to a non-tax qualified benefit plan, the method comprising:
- providing a computer system including a processor connected to an input device so as to receive input data and to an output device so as to communicate output data, the processor programmed to monitor sufficiency of collateral in a transaction in which a loan to a non-tax-qualified benefit plan at least partially funds acquisition of the collateral held by the benefit plan, the collateral including at least one security issued by a sponsor of the benefit plan;
receiving, as some of the input data, a value of the collateral for the loan to the non-tax qualified benefit plan;
receiving, as some of the input data, a balance of the loan to the value of the collateral; and
producing, with the processor, a report comparing the balance of the loan to the value of the collateral to monitor sufficiency of the collateral for compliance with a Regulation U loan requirement in effect on Apr. 1, 2004, in producing a report; and
outputting the report at the output device.
2 Assignments
0 Petitions
Accused Products
Abstract
A system and process linking an external computer with a system of a lending institution, a market information vendor or brokerage company, to provide for simultaneous tracking of one or more investments by a Plan to ensure each Plan'"'"'s investment provides adequate collateral for the lender. Further, the system provides access to Plan component values via electronic means to the various parties of interest; the Plan participant, the Plan administrator, the Plan lender, and the Plan sponsor. Finally, the system creates forecasts of a Plan using assumptions to enable a reader of the illustration to understand the employee participant and employer sponsor benefits and costs of the program.
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Citations
51 Claims
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1. A method of using an apparatus to monitor sufficiency of collateral for a loan to a non-tax qualified benefit plan, the method comprising:
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providing a computer system including a processor connected to an input device so as to receive input data and to an output device so as to communicate output data, the processor programmed to monitor sufficiency of collateral in a transaction in which a loan to a non-tax-qualified benefit plan at least partially funds acquisition of the collateral held by the benefit plan, the collateral including at least one security issued by a sponsor of the benefit plan; receiving, as some of the input data, a value of the collateral for the loan to the non-tax qualified benefit plan; receiving, as some of the input data, a balance of the loan to the value of the collateral; and producing, with the processor, a report comparing the balance of the loan to the value of the collateral to monitor sufficiency of the collateral for compliance with a Regulation U loan requirement in effect on Apr. 1, 2004, in producing a report; and outputting the report at the output device. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 25)
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16. A method of using an apparatus to illustrate a non-tax-qualified benefit plan'"'"'s financial performance, the method including:
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providing a computer system including a processor connected to an input device so as to receive input data and to an output device so as to communicate output data, the processor programmed to monitor sufficiency of collateral in a transaction in which a loan to a non-tax-qualified benefit plan at least partially funds acquisition of the collateral held by the benefit plan, the collateral including at least one security issued by a sponsor of the benefit plan; receiving, as some of the input data, non-tax-qualified benefit plan data, the data including a value of the collateral for the loan to the non-tax-qualified benefit plan, the loan having a balance sufficient for compliance with a Regulation U loan requirement in effect on Apr. 1, 2004; receiving plan sponsor, benefit plan, beneficiary cash flow, and accounting estimated data, as additional input data; generating, with the processor from the additional input data, an illustration of said benefit plan'"'"'s financial performance; and outputting the illustration as the output data. - View Dependent Claims (17, 18, 19, 20, 21, 22, 26)
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23. A method of using an apparatus to compare a stock option plan to a non-tax qualified benefit plan, the method including:
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providing a computer system including a processor connected to an input device so as to receive input data and to an output device so as to communicate output data, the processor programmed to monitor sufficiency of collateral in a transaction in which a loan to a non-tax-qualified benefit plan at least partially funds acquisition of the collateral held by the benefit plan, the collateral including at least one security issued by a sponsor of the benefit plan; receiving, as some of the input data, financial performance data for the non-tax qualified benefit plan; receiving, as some of the input data, the financial performance data for a stock option plan; generating, with the processor, a comparison of the stock option plan and the benefit plan data; computing, with the processor, at least one difference between the stock option plan and the benefit plan; and producing the at least one difference as the output. - View Dependent Claims (24)
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27. An apparatus comprising:
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a digital computer processor connected to an input device for receiving input information and to an output device, the computer processor programmed to carry out; receiving, as some of the input information, a value of the collateral for the loan to the non-tax qualified benefit plan, the loan at least partially funding acquisition of the collateral held by the benefit plan, the collateral including at least one security of a sponsor of the benefit plan; comparing, with the processor, the balance of the loan to the value of the collateral to monitor sufficiency of the collateral for compliance with a Regulation U loan requirement in effect on Apr. 1, 2004 in producing an analysis, and facilitating communication of the analysis to the output device. - View Dependent Claims (28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 50)
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41. An apparatus including:
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a digital computer processor connected to an input device for receiving input information and to an output device, the computer processor programmed to carry out; receiving, as some of the input information, benefit plan data of a non-tax qualified benefit plan, the data including a valuation of collateral for a loan to the benefit plan, the loan related to the benefit plan by said loan at least partially funding acquisition of the collateral held by the benefit plan, the collateral including at least one security of a sponsor of the benefit plan, the loan having a balance sufficient for compliance with a Regulation U loan requirement in effect on Apr. 1, 2004, receiving plan sponsor, benefit plan, beneficiary cash flow, and accounting estimated data, as additional input data; generating, from the additional input data, an illustration of the benefit plan'"'"'s financial performance, and facilitating communicating the illustration to the output device. - View Dependent Claims (42, 43, 44, 45, 46, 47)
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48. An apparatus including:
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a digital computer processor connected to an input device for receiving input information and to an output device, the computer processor programmed to carry out; receiving, as some of the input information, financial performance data for a benefit plan, the benefit plan having collateral for a loan to the benefit plan, the loan at least partially funding acquisition of the collateral held by the benefit plan, the collateral including at least one security of a sponsor of the benefit plan; receiving, as some of the input information, the financial performance data for a stock option plan; generating, with the processor, a comparison of the stock option plan and the benefit plan data; computing, with the processor, at least one difference between the stock option plan and the benefit plan; and facilitating communication of the at least one difference to the output device. - View Dependent Claims (49, 51)
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Specification