Employee Benefits Administration — Get More for Doing Less!

A true PEO company, that is, a company that offers full-service packages like PMI does, has an enormous advantage when negotiating comprehensive employee benefits packages. That’s because by assuming “employer of record” status for all of our clients, we’re able to pool together a greater number of employees when carrying out negotiations. This economies-of-scale strategy pays off in the way of us securing economically favorable employee benefits administration. We are then able to pass any savings along to our clients.

For small- and mid-size businesses, the process of researching and implementing employee benefits administration often ends up being a drain on productivity and personnel. Usually, it falls on the shoulders of one person—perhaps an office manager, bookkeeper, or the owner himself—to administer the plan, maintain records, and communicate the latest benefits information to employees. If this person has had little or no training in employee benefits administration, inevitably, errors are made and the company ends up paying dearly for it.

Outsourcing Employee Benefits for Small Businesses

If you are the owner, controller, CFO, or manager of a small to midsize business, then you know the hassles that come with administering an employee benefits plan. If you’re not satisfied with your current plan, or feel that too many resources are being wasted to make the plan work, we have a solution that’s right for you. As a component of our full-service packages, PMI can find a plan better suited for your business, at better rates, from superior employee benefit consultants.

Top providers PMI uses include:

  • Oxford Health Plans
  • United Healthcare Specialty Benefits
  • VSP
  • Delta Dental
  • Affinity Federal Credit Union
  • Transamerica Retirement Services
  • Protective Life
  • Plum Benefits
  • Perk Spots
  • Legal Shield

PMI’s benefits services include:

  • Group Health Insurance
  • Group Dental Insurance
  • Group Vision Plan
  • Group and Voluntary Life Insurance
  • Voluntary Short-term Disability, Critical Illness, and Accident Coverage
  • Retirement Plan
  • Flexible Spending Accounts/Section 125
  • Credit Union Membership
  • Work/Life Balance Programs
  • Discounted Entertainment
  • Legal Club

PMI will analyze your current program to determine if it is helping you attract and retain excellent employees.  Because your company now has access to our PEO employee benefits administration, you are able to provide a full range of voluntary benefit's programs in addition to those core programs such as health insurance.  Also, if you choose to utilize our large-group health and dental insurance programs, you will enjoy the peace of mind in knowing that your employees will have excellent benefit providers.  If customization is required, we will work with you to not only design the benefit, but procure it for you.

PMI takes responsibility for completely implementing your new benefits package from a top employee benefits provider, and maintain ongoing employee benefits administration, including enrollment, renewals, COBRA administration, and employee communication.

How it Benefits Your Company:

  • In the increasingly competitive recruiting marketplace, you’ll have a competitive edge in attracting new employees.
  • Retention of staff is vital to your company’s productivity.  Excellent benefits enhances your ability to retain employees.
  • Having a PEO allows you to focus on your company’s productivity and growth without diverting attention to the administrative headaches associated with maintaining a benefits program.

To learn how our PMI employee benefit consultants can help you implement employee benefits strategies, click here to contact us today or call 888.843.5789.

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