Boomershine Consulting

What Boomershine Consulting does

Boomershine Consulting Group, L.L.C. (also doing business as BCG) is a privately held actuarial consulting firm headquartered in Ellicott City, Maryland, that delivers retirement plan and employee benefit advisory services to clients across the United States. The firm provides actuarial valuations for Defined Benefit and Other Post-Employment Benefit plans, plan design reviews, GASB and FASB actuarial determinations, ERISA funding calculations under the Pension Protection Act, and full retirement plan administration including Form 5500 and PBGC filing preparation. Complementary service lines include a Communications Practice offering total compensation statements and a Medicare Part D subsidy recovery practice.

The firm is staffed by a lean team of credentialed professionals — including an Enrolled Actuary, Fellows of the Society of Actuaries, MAAA members, and CEBS holders — with senior staff carrying 20 to 35+ years of experience at major national consulting firms. Boomershine markets itself as a flat organization with no sales staff and no management layers, emphasizing cost-efficiency and personalized senior-led service. Its go-to-market is sales-led and relies on thought leadership channels — monthly newsletters (2012-2019 archive), recurring BCG Radio appearances, and speaking slots at conferences such as IFEBP, GFOA, MAPERS, NCPERS, and the Mid-Atlantic Plan Sponsors Conference — rather than paid acquisition or channel partners.

Revenue is generated through professional services engagements structured on a project and retainer basis, with quote-based pricing customized to each client. Customer segments span government and public sector entities (requiring GASB reporting), corporate employers (ERISA/PPA compliance, FASB disclosures, cash balance plans), healthcare organizations (regional hospital system DB plans), and non-profits. The firm operates without institutional backing, subsidiaries, or disclosed funding events and has no proprietary technology platform, AI/ML capabilities, or app products.

Name

Boomershine Consulting

Legal name

Boomershine Consulting Group, L.L.C.

Website

https://boomershineconsulting.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

Boomershine Consulting Group is a Maryland-based boutique actuarial firm providing retirement plan valuations, GASB/FASB determinations, ERISA funding calculations, and plan administration to government, corporate, healthcare, and non-profit plan sponsors nationwide.

Ownership category

akta.pro rank

Product category

Actuarial and Retirement Plan Consulting

NAICS

Human Resources Consulting Services (541612), Management Consulting Services (54161)

SIC

Investment Advice (6282), Services-Management Consulting Services (8742)

akta.pro primary industry

Employer Retirement Plan Advisory (401(k)/Pension) (FSAEABAE)

akta.pro secondary industries

Employee Benefits Brokerage & Consulting (FSAEADAC), Benefits Administration & Enrollment Support (BPAAAIAB)

Keywords

• Actuarial consulting
• Retirement plan services
• Pension funding compliance
• GASB FAS determinations
• ERISA plan administration

Headquarters

HQ city

Ellicott City

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Actuarial and Retirement Plan Consulting Services: Professional services revenue derived from providing actuarial consulting, retirement plan administration, and compliance services to employers. Services include actuarial valuations for defined benefit and OPEB plans, plan design reviews, funding projections, government filings, benefit calculations, and total compensation statements. Revenue appears project-based and retainer-based for ongoing client engagements.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Boomershine Consulting is a Maryland-based actuarial and retirement plan consulting firm that provides actuarial valuations, retirement plan design, GASB and FAS funding determinations, ERISA funding compliance, and ongoing retirement plan administration services to government, corporate, healthcare, and non-profit plan sponsors across the United States. The firm also delivers ancillary services such as total compensation statements and Medicare Part D subsidy recovery for its employer clients.

Product overview

Boomershine Consulting (also known as BCG) is an actuarial and retirement plan consulting firm offering a suite of interconnected professional services. The core offering centers on Actuarial Valuations for Defined Benefit (DB) and OPEB Plans, complemented by Plan Design Reviews, GASB/FAS Actuarial Determinations, and ERISA Funding Calculations. Administrative services include Retirement Plan Administration with IRS Form 5500 and PBGC filings. Additional service modules include Total Compensation Statements for employee communications and Medicare Part D Subsidy Recovery. The firm serves both public sector (government entities) and private sector (corporations, healthcare organizations, non-profits) clients.

Differentiator

Problem solved

Functional benefit

Products and services

• Actuarial Valuations
• Retirement Plan Design
• GASB/FAS Funding Determinations
• ERISA Funding and Compliance
• Retirement Plan Administration
• Total Compensation Statements
• Medicare Part D Subsidy Recovery

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Nyhart (now part of Brown & Brown): Actuarial and retirement plan consulting firm offering DB valuations, GASB reporting, and plan administration for government and corporate clients. Directly comparable niche and client base to Boomershine.
• Foster & Foster: Actuarial consulting firm focused on public sector retirement systems, providing valuations, funding studies, and GASB reporting. Highly comparable to Boomershine's government segment specialization.
• Cheiron: Independent actuarial consulting firm specializing in retirement plan valuations and pension risk management for public and corporate plans. Closely comparable in boutique scale, public-sector focus, and actuarial-only service mix.
• Horizon Actuarial Consulting: Mid-sized actuarial firm serving retirement plan sponsors with valuations, plan design, and compliance. Comparable boutique scale and DB/OPEB focus.
• Gabriel, Roeder, Smith & Company (now Segal): Actuarial consulting firm historically focused on public sector pension and OPEB valuations, now part of Segal Group. Direct comparable for Boomershine's GASB/funding valuation work.

Broad incumbents

• Aon (Retirement practice): Global professional services firm with a large retirement consulting practice providing actuarial, investment, and risk advisory services. Overlaps Boomershine's corporate DB and FASB work.
• Mercer: Global consulting firm with substantial retirement and pension actuarial practice serving corporate and public-sector clients. Competes with Boomershine on mid-sized plan mandates.
• Milliman: Global actuarial and consulting firm with a large retirement practice. Overlaps Boomershine's DB/OPEB valuation work but operates at much larger scale with broader service lines.
• Willis Towers Watson: Global advisory firm with significant retirement actuarial capabilities serving corporate and public-sector plan sponsors. Competes for the same DB valuation, ERISA funding, and GASB engagements.
• Segal Group: Large independent benefits and actuarial consulting firm with deep public-sector retirement practice. Competes for the same government and multiemployer plan clients as Boomershine at greater scale.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/boomershine-consulting-group-llc

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 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 Boomershine Consulting