Our initial review services are complimentary to your company or organization. This is a substantial savings to many companies as competitors and Third Party Administrators charge thousands of dollars for this service in many instances. A Referral Fee can be negotiated upon a change in services that results directly in measurable savings.
Our review services include:
EMPLOYEE BENEFIT PLANS
401-k, 403-b, IRA, Profit Sharing Plan
Fiduciary Protection and Investment Monitoring
Investment Policy Statement and Participant Education
Meeting ERISA fiduciary requirements
HEALTH CARE PLANS
Low cost diversified plans and professional advice
Administration and support
Meeting ERISA fiduciary requirements
CONTRACT COMPLIANCE AUDITS
Recovery of expense overpayments and revenue underpayments (i.e., refund checks and/or credits)
Greater efficiency and increased cash flow from the elimination of errors from billing
Improved cost visibility, decision making and purchasing power
Confirmation of all contractual and billing provisions, including but not limited to, rates, quantities, rebates, escalation, etc.
Recommendations for improved contract terms and conditions in line with client's strategic mission
Non-intrusive approach allows client's staff to stay focused on their day-to-day business
Improved supplier relationships through newly established communication channels and greater customer awareness
Example areas of review: outsourced services, third-party labor (e.g., mail room, security, etc.) construction, technology (i.e. equipment, software, maintenance, etc.) account processing, revenue sharing/subsidization, sales use taxes, telecommunications, utilities, freight, and others.
Our initial review services are complimentary to your company or organization. This is a substantial savings to many companies as competitors and Third Party Administrators charge thousands of dollars for this service in many instances. A Referral Fee can be negotiated upon a change in services that results directly in measurable savings.