Employee Benefits Administration

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BEST becomes your full service benefit department handling retirement plans, flexible spending accounts, medical, dental, vision, life, disability, supplemental insurance, etc.  Our staff continuously stays informed and educated on regulations to ensure that your company is within compliance, and we use our economies of scale to find the best value in the marketplace.

Do you want to enhance your company’s competitive edge when recruiting new employees? It’s important for employers to stand out among the crowd in order to attract and retain talented individuals who will add to the company’s growth and overall goals. One of the best ways to do this is to offer an attractive and comprehensive benefit package that potential and current employees will feel confident in.

When you offer employee benefits, who does the following?

  • Benefit bill reconciliation and payment
  • Ensure ERISA, ACA, HIPAA, etc. compliance
  • Employee assistance with claim resolution
  • Employee enrollments & terminations
  • Employee changes (birth of a child, marriage, address, etc.)
  • Yearly research for alternative options
  • Pre-renewal certifications and renewal documentation
  • Medical support notice administration
  • COBRA notification and administration
  • Retirement Plans
    • 401(k) setup
    • Annual audits
    • Trustee liability
    • Limit fiduciary risks
    • Annual 5500 filing
  • Set up section 125 pre-tax plan
  • Flexible Spending Accounts setup and administration
  • Reconcile and pay benefit bills with plan participants’ contributions and employer contributions
  • Claims resolution assistance for employees
  • Guaranteed issue of life insurance and long term disability
  • Research, select, and maintain supplemental insurance programs
  • Choice of selections in benefit plans including your existing plans
  • Medical support notice administration
  • Payroll setup for deductions, retro collections and W2 reporting