What Horizon Actuarial Services does

Horizon Actuarial Services, LLC is a U.S. actuarial and benefits consulting firm founded in 2008 that exclusively serves multiemployer benefit plans, predominantly Taft-Hartley funds across construction, trucking, retail food, professional sports, entertainment, hospitality, service, and manufacturing industries. The firm is headquartered in Atlanta and operates nine U.S. offices spanning Cleveland, Denver, Irvine, Los Angeles, Miami, San Diego, San Francisco, and Washington, DC. Its core service lines are Retirement Plan Services (defined benefit valuations, projections, benefit design, withdrawal liability, stress testing, de-risking) and Health & Welfare Plan Services (actuarial projections, financial modeling, vendor reviews, benchmarking, compliance support), supplemented by three proprietary tools: a pension projection model supporting scenario analysis across demographics, contribution rates, and investment returns; Form 5500 Survey Software that benchmarks plans against peers on funded status, returns, and maturity; and the annual Survey of Capital Market Assumptions aggregated from approximately 40 investment advisors. Horizon serves more than 150 multiemployer plans covering roughly 3 million participants and $110 billion in plan assets, and co-publishes major industry studies (Multiemployer Retirement Plan Landscape; Multiemployer Health Plan Landscape) with the International Foundation of Employee Benefit Plans (IFEBP). The firm employs approximately 80 people including 40 credentialed actuaries averaging 25 years of experience. Revenue is generated through professional services fees on project or retainer engagements secured via direct RFP and industry relationships; the firm is privately held, founder- and partner-owned with no external PE/VC ownership.

Name

Horizon Actuarial Services

Legal name

Horizon Actuarial Services, LLC

Website

https://horizonactuarial.com

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

11–50 employees

Short description

Horizon Actuarial Services is a U.S. consulting firm that provides actuarial and benefits advisory services exclusively to multiemployer (Taft-Hartley) retirement and health & welfare plans, serving 150+ plans with $110 billion in plan assets through nine U.S. offices staffed by 40 credentialed actuaries.

Ownership category

akta.pro rank

Headquarters

HQ city

Silver Spring

HQ country

United States

HQ region

North America

Offices9 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Actuarial Consulting Services: Professional services fees for actuarial valuations, consulting, and advisory services for multiemployer retirement and health & welfare benefit plans. Engagement-based billing typically on a project or retainer basis.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels6 records

Core offering

Horizon Actuarial Services is a consulting firm that provides actuarial valuations, projections, benefit design, funding analysis, compliance support, and benchmarking services to multiemployer defined benefit pension plans and multiemployer health and welfare benefit plans in the United States. Its work is delivered through long-term consulting engagements performed by credentialed actuaries and supported by proprietary projection models and benchmarking software. The firm also produces annual research publications used across the multiemployer plan industry.

Product overview

Horizon Actuarial Services is an actuarial consulting firm offering two primary service lines: Retirement Plan Services and Health & Welfare Plan Services. These core consulting services are supplemented by proprietary analytical tools (Proprietary Projection Model, Form 5500 Survey Software) and annual research publications (Survey of Capital Market Assumptions, The Multiemployer Health Plan Landscape Report, The Multiemployer Retirement Plan Landscape Report) that the firm produces to support multiemployer benefit plan trustees and administrators.

Differentiator

Problem solved

Functional benefit

Products and services

• Retirement Plan Services Actuarial and consulting services for multiemployer defined benefit pension plans, including valuations, projections, benefit design, withdrawal liability analysis, stress testing, funding risk analysis, and de-risking strategies delivered to plan trustees.
• Health & Welfare Plan Services Actuarial and consulting services for multiemployer health and welfare benefit plans, including actuarial projections, financial modeling, vendor performance reviews, cost-containment programs, benchmarking studies, compliance support, and plan liability calculations for plan trustees.
• Survey of Capital Market Assumptions Annual survey compiling investment return expectations from approximately 40 professional investment advisors, used to evaluate the reasonability of client pension plan investment return assumptions based on plan-specific asset allocation.
• The Multiemployer Health Plan Landscape Report Fifteen-year longitudinal study of U.S. multiemployer health plans covering over five million participants, published in partnership with IFEBP, analyzing historical trends in demographics, benefit costs, income, and cash flows.
• The Multiemployer Retirement Plan Landscape Report Fifteen-year longitudinal study of U.S. multiemployer defined benefit pension and defined contribution retirement plans, published in partnership with IFEBP, covering historical trends in demographics, cash flows, investments, and funding.

Quantifiable outcome

• Serves 150+ multiemployer plans with 3 million total participants
• +1 more outcomes

Named customers1 record

Segments7 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Four partnerships are on record, tiered core and minor.

• International Foundation of Employee Benefits Plans (IFEBP)coreStrategic or Co-development Partner · 9 December 2025Horizon Actuarial partnered with IFEBP to conduct the Multiemployer Health Plan Landscape study covering 2008-2022, covering plans with more than five million covered participants. The study provides historical trend analysis for multiemployer health plans across all industries.
• International Foundation of Employee Benefits Plans (IFEBP)coreStrategic or Co-development Partner · 24 March 2025Horizon Actuarial partnered with IFEBP to conduct the Multiemployer Retirement Plan Landscape study covering 2007-2021, providing historical trends for U.S. multiemployer retirement plans. This is the latest edition covering both defined benefit (DB) pension plans and defined contribution (DC) retirement plans.
• International Foundation of Employee Benefits Plans (IFEBP)coreStrategic or Co-development PartnerHorizon Actuarial has partnered with IFEBP on multiple industry studies, including the Multiemployer Health Plan Landscape Report. Reports are available for purchase through IFEBP's website.
• International Foundation of Employee Benefits Plans (IFEBP)minorStrategic or Co-development PartnerMultiple Horizon Actuarial professionals serve in leadership positions with IFEBP: Stephanie Patrick served as Chair of IFEBP Professionals Committee, and Ben Ablin served as Advisory Director on IFEBP's Board. Cary Franklin served as Chair of IFEBP's Professionals Committee and Expert Panel on Financial Education and Retirement Security.

Scale indicators4 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Milliman: Milliman is a global actuarial and consulting firm with a substantial multiemployer practice offering retirement and health consulting, software tools, and benchmarking — comparable in service mix though broader in client base than Horizon.
• Cheiron: Cheiron is an independent actuarial consulting firm serving public, corporate, and multiemployer benefit plans with valuation, funding, and modeling services — directly comparable to Horizon's retirement and health & welfare practices.
• The Segal Group: The Segal Group is one of the largest independent actuarial and benefits consulting firms serving multiemployer (Taft-Hartley) plans, with deep specialism in retirement and health & welfare consulting — Horizon's closest direct competitor in the multiemployer niche.
• Bolton Partners (now part of WTW): Bolton is an actuarial consulting firm specializing in multiemployer pension and health & welfare plans, very similar to Horizon in target market and service offering.

Broad incumbents

• Mercer: Mercer is a global consulting firm with a large actuarial and benefits practice serving single-employer and multiemployer plans; Horizon's co-founders previously worked at Watson Wyatt (now part of WTW/merged with Mercer in some areas), and Mercer competes for the same multiemployer RFPs from a much broader platform.
• Willis Towers Watson (WTW): Willis Towers Watson is a global advisory firm with a major actuarial consulting practice serving multiemployer plans; Horizon's founders left its predecessor Watson Wyatt to form the firm, making WTW a benchmark competitor and former employer.
• Aon: Aon is a global professional services firm with a sizable actuarial and retirement consulting practice (including a health practice Horizon's Justin Muir previously led at Aon); competes with Horizon in the multiemployer retirement and health & welfare space from a much larger resource base.
• Buck Global (now Buck): Buck is an integrated HR and benefits consulting firm with a long-standing actuarial practice serving multiemployer plans; Mary Ann Dunleavy at Horizon began her career at Buck Consultants, indicating strong cultural overlap and competitive positioning.

Others

• Groom Law Group: Groom Law Group is a Washington, DC-based law firm specializing in multiemployer benefit plan regulation and compliance; not a direct competitor but a frequent collaborator and thought leader in the same multiemployer ecosystem Horizon serves.

Emerging players

• Wakely Consulting Group: Wakely is an actuarial and healthcare consulting firm serving health plans, insurers, and employer-sponsored programs with modeling and valuation services — partially overlapping with Horizon's Health & Welfare practice, particularly for RFP support and benchmarking work.

Market position

Strengths1 record

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/horizon-actuarial-services

Revenue estimate

Valuation estimate

Number of profiles

Profiles17 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Horizon Actuarial Services