Our People

Michael Biggs II

michael@cbactuaries.com
Michael Biggs joined Cash Balance Actuaries in November of 2025. He has been working in the retirement industry since 2021, with experience in small to mid size combo plans doing a to z administration. Michael graduated from the University of Connecticut with a B.A. in Actuarial Science. He is currently pursuing the Enrolled Actuary (EA) Designation.
Nicole L. Kovac, QKA, QPA

nicole@cbactuaries.com
Nicole joined Cash Balance Actuaries in January of 2018 with 10 years of experience in the retirement plan industry. Her experience includes plan design and annual administration for traditional and cash balance plans along with defined contribution plans.

Nicole graduated from the University of Pittsburgh at Greensburg with a B.S. in Applied Mathematics. She also earned designations from the American Society of Pension Professionals.
Paul J. Marszalek

paul@cbactuaries.com

Paul joined Cash Balance Actuaries as Chief Operating Officer in January of 2012. Paul has over 25 years of experience as a retirement plan consultant. His ability to produce high quality, accurate work, combined with his great communication skills made him a perfect addition to the CBA team.

Paul graduated from the University of Minnesota with a degree in Mathematics from the Institute of Technology.
Ryan Romeo

ryan@cbactuaries.com
Ryan joined Cash Balance Actuaries in January 2022 with 11 years of experience in the retirement plan industry. He specializes in the design and administration of Cash Balance, Traditional Defined Benefit, and Defined Contribution Plans.

Ryan graduated from Rutgers University with a degree in Mathematics in 2009 and has passed the first two actuarial exams.
Sarah Hufstetler

sarah@cbactuaries.com
Sarah joined Cash Balance Actuaries in May 2026. She graduated from The University of Akron with a Master’s degree in Communication in 2013. Sarah began her career as an analyst in the technology industry and later gained experience in the medical field as a medical assistant. In her free time, she enjoys spending time with her husband, Paul, and their two children, as well as running an Etsy shop as a creative outlet.
Crystal Chapman

crystal@cbactuaries.com
Crystal joined Cash Balance Actuaries in February of 2024 as an Executive Assistant. She previously worked for over 14 years as a nanny, building her problem solving, time management and communication skills.
Shannon S. Laffond

shannon@cbactuaries.com
Shannon has been with Cash Balance Actuaries since 2014 doing work as an administrative assistant. Shannon graduated from James Madison University. She's a mother of two in Eden Prairie, Minnesota.