DOL Audit
When your number is up and the DOL comes knocking, will you be in the minority of DB plan sponsors with satisfactory responses to their inquiries, or might you be…
Benefits Administration Guide
A client concluded a lengthy implementation, which brought together excellent subject matter experts and transferred huge amounts of requirements/knowledge to the new provider. After seeing the positive results of user…
Health & Welfare Administration Provider Security Protocols Case Study
A financial services organization, due to the nature of their business, implemented exceedingly strict data security requirements for all internal data management and processes. The decision was made to apply…
Understanding a Company’s Culture and Values: A Critical Aspect in the Selection of a Benefit Administration Provider
Employee benefits are not only essential to the health and financial well-being of employees, they’re a key ingredient in the cultural fiber of an organization.
Total Benefits Outsourcing Case Study
A large multinational energy company (“Company”) decided to conduct a search for benefits administration including Health & Welfare (H&W), Pension, and Defined Contribution (DC). Company had a long-standing relationship with…
Managed Account Fiduciary Checklist
Several class action lawsuits have been filed related to managed account programs on behalf of 401(k) participants. While the courts have dismissed these lawsuits, the issues raise serious questions for…
Governance Framework Case Study
An organization with substantial retirement and operating assets and relatively tight internal investment team appointed a new Chief Investment Officer. The CIO wanted to develop and implement a novel co-sourcing…
The Next Generation of Health and Welfare Benefits Delivery
Outsourced health and welfare benefits administration is often viewed simply as a vehicle for capturing benefit elections, managing customer service issues and supporting daily administration processing activity. Healthcare strategy is…
Influencing Retirement Saving Using Social Media
Saving for retirement is a good financial habit to learn in those early employment years. Many published studies and white papers point to the need for broad-based financial education, targeted…
Managed Account Fiduciary Case Study
Looking to improve the overall employee benefits offering, the sponsor of approximately $10 billion defined contribution plan began offering managed accounts. Since they managed account provided participants investment advice, the…