Outsourcing Benefits Administration — Is It For You?
If you’re thinking in terms of benefits administration outsourcing, you’re in the right place. At National PEO, benefits administration is one of the outsourcing solutions we offer for managers and business owners. Put in simple terms, benefit administration services do the job of establishing, maintaining, and managing benefits for the employees of an organization.
National PEO provides a complete suite of outsourced benefits administration services. From plan selection and enrollment, to payroll deductions and vendor payment, annual renewals, and ongoing customer service with claims support — all from a team of dedicated and highly experienced benefits consultants. We provide personalized support to your company’s employees and staff so that the entire process of human resources benefits is simplified and streamlined.
What Is Benefits Administration?
Employee benefit administration typically encompasses medical insurance, vacation time, maternity and sick leave, IRAs (individual retirement accounts) and pension plans, and so on. Such HR benefits keep track of employee details such as date of employment, family details, work hours, days of attendance, and so on.
For managers and business owners these can be time-consuming, tedious, and complicated matters to keep track of. We take care of these employee benefit programs, saving you the hassle of keeping track of statutory requirements, filling forms and returns appropriately and on time. Our small business employee benefits services ensure that all these details are taken care of for you while you concentrate on the job of running and growing your business.
Our benefits administration systems provide the range of customized Limited Liability Company (LLC) benefits and small business benefits services for your business such as
- Employment Benefits
- Health Care Benefits
- Payroll Benefits
- Federal Retirement Benefits
Whether you’re looking for full major medical plans (PPO and HMO), mini-med, hospital indemnity, or short term coverage, National PEO’s benefits administration services have the expertise and experience to guide you through the selection process. We represent plans from all the best-known carriers, including Aetna, Assurant, Blue Cross Blue Shield, Cigna, Health Net, Humana, United HealthCare, and others.
Many of the benefits of LLC can be offered to employees at no cost to the company. Our voluntary options include dental, vision, term life, short and long term disability, supplemental (Aflac, Colonial, Transamerica, etc.), Pre-Paid Legal/ Identity Theft, and other insurance and medical benefits administration. Our benefits administration software can also help set up your pre-tax Section 125 Flex plan, Flexible Spending Accounts, and Employee Assistance Programs.
You can be confident that the options, plan designs, and pricing that National PEO’s benefits administration systems provides its clients are the best on the market. The employment benefit rates we offer are often better than what many companies could get on their own.
National PEO’s Outsourced Benefits Administration and Other Services
National PEO offers a wide range of services such as staff benefits, outsourcing of payroll and benefits, and other human resource benefits to clients. You can choose from a package of bundled services or opt for a customized plan to suit the particular requirements of your business.
Our team of experts is well versed and up to date with the required benefits of an LLC and the HR benefits training and experience they have makes it possible for them to manage the administration of the benefits for small business in the following manner:
- An assigned benefits specialist to assist you every step of the way to make sure your company gets the attention you deserve and that any statutory benefit of LLC is covered
- Unique plan designs and strategies for today’s benefits market that keep up with any changes in legal requirements
- Employee communication materials that increase participation of company employees and benefits companies as well
- Fast and efficient enrollment processing and concise enrollment reports
- Accurate management of sensitive HIPAA information
- Legislative updates
- Model plan documents
- Administration manual
- Complete COBRA administration services ( COBRA compliance, an often complex and time consuming compliance that is a part of legally required responsibilities of employers)
Why Benefits Administration Companies Are a Good Idea for LLC Benefits
Outsourcing the creation and/or management of employee benefits can be a huge load off your mind. Not only do the experts tell you all about what needs to be done, our benefits specialist will assist you and ensure that your company’s benefits administration is done right, done right and on time.
All your doubts regarding legal and statutory requirements, and questions as to how PEO benefits services work can be answered. Read useful and informative articles on our site and blog to know more about benefits administration outsourcing, view our Help Center to clarify any uncertainty you may have, get in touch with us via phone, visit us in person, or fill out our contact form to ask a question.