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- Companies
outsourcing for the first time.
- While
experts in plan design and current administrative practices,
first time outsourcers usually don't have the project-skilled
resources available and able to dedicate 100% of their time
to a project given their current work load. They also lack
the experience needed to manage a vendor while partnering
at the same time.
- Companies
in second or third generation outsourcing initiative.
- Generally
speaking companies moving from one vendor to another have lost
expertise of the current administrative systems and processes.
There is often difficulty transitioning from the departing vendor
to the target vendor. We will act as a mediator between the
two, while managing target vendor to a successful implementation.
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Companies going through an extensive plan redesign (Including
HSA and pension plan freezes)
- Companies
merging an acquired company into their benefit plans or divesting
a population to another employer
- Companies
making system migrations or upgrades
- Companies
who's plans must comply with regulatory changes (including
409(a) and PPA)
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