Biographies
James B. Dexter, FSA, EA
Principal
Jim Dexter has over 30 years of experience working with multiemployer pension plans. Before specializing in consulting to employers, Jim served as actuary for multiemployer plans in a wide variety of industries including construction, food, garment, hotels, entertainment, and maritime. Before forming Dexter Hofing, Jim was a principal at the national consulting firm, Mercer, where he served in various roles including heading Mercer's multiemployer practice nationally. Prior to Mercer's acquisition of Foster Higgins, Jim was Manager of Foster Higgins' Seattle retirement practice unit and a member of Foster Higgins' national Retirement Actuarial Policy Committee.
Jim is a recognized authority on multiemployer plans. He has been quoted in publications such as Business Week and Institutional Investor on multiemployer issues. He met with Congressional staff members to discuss proposed provisions of the Pension Protection Act during its development, and has met with Treasury and PBGC officials to discuss proposed regulations on other occasions. He is also a member of the Multiemployer Plans Committee of the American Academy of Actuaries.
Jim graduated from the Wharton School of the University of Pennsylvania magna cum laude with a B.S. in Economics. He is a Fellow of the Society of Actuaries, a Fellow of the Conference of Consulting Actuaries, a Member of the American Academy of Actuaries and an Enrolled Actuary.
Robert S. Schriver, FSA, EA
Principal
Prior to joining Dexter Hofing in 2018, Bob was a Senior Consultant and Actuary at O’Sullivan Associates where he worked for nine years. While there, he specialized in multiemployer pension and welfare plans including work on annual actuarial valuations, attending and preparing for Board meetings, establishment and maintenance of funding improvement and rehabilitation plans, withdrawal liability calculations and PPA certifications.
Bob has spoken on multiemployer pension plan issues at actuarial conferences and in other professional settings. He is the Pension Program Chairperson for the Actuaries Club of Philadelphia.
Bob holds a B.S. in Mathematics with a minor in Psychology as well as an M.S. in Applied Mathematics and Statistics both from Georgetown University. He is a Fellow of the Society of Actuaries, a Fellow of the Conference of Consulting Actuaries, a Member of the American Academy of Actuaries and an Enrolled Actuary.
Mitchell H. Hofing, FSA, EA, JD
Principal
Before forming Dexter Hofing in 2011, Mitchell Hofing was a principal at Mercer where he worked for 13 years, the last four of which were devoted primarily to consulting to employers on multiemployer issues. He has worked extensively consulting to employers on all aspects of their participation in multiemployer pension plans including testifying on their behalf in a variety of arbitrations and court cases.
While at Mercer, Mitchell served as plan actuary for several multiemployer pension plans and consulted to employers participating in such plans. His experience included delivering numerous presentations at Board meetings. On the single-employer side, he had wide-ranging experience in the areas of plan design, funding, accounting, administration, discrimination testing, early retirement windows, and acquisition due diligence. His expertise covers traditional defined benefit and defined contribution plans, hybrid plans such as cash balance pension, retiree medical plans, and nonqualified executive retirement plans.
Mitchell is a frequent speaker on multiemployer pension plans at actuarial conferences. He serves on the Multiemployer Pension Plan Committee of the Conference of Consulting Actuaries. He also served for three years on the Society of Actuary’s writing committee for Enrolled Actuary examinations.
Before beginning his actuarial career, Mitchell traded commodity derivatives for UBS and AIG Trading Corporation. He was previously an Associate in the tax department of the law firm Dewey, Ballantine. Mitchell holds a B.S. in Mathematics from Yale University and a J.D. from New York University School of Law. He is a Fellow of the Society of Actuaries, a Fellow of the Conference of Consulting Actuaries, a Member of the American Academy of Actuaries and an Enrolled Actuary.
Seth R. Porciello, EA
Actuary
Prior to joining Dexter Hofing in 2012, Seth was a Senior Analyst at Cheiron for three years focusing on many aspects of multiemployer pension plans including annual actuarial valuations, withdrawal liability calculations, government filings and PPA certifications. Before that, he worked for six years at Buck Consultants where he focused primarily on single employer pension issues including annual actuarial valuations, discrimination testing, benefit calculations and government filings. He also had some multiemployer pension plan experience while at that firm.
Seth holds a B.A. in Business Management from The University of Texas at Austin. He is an Enrolled Actuary.