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A comprehensive benefits plan is essential for attracting and retaining the best employees. In a rapidly changing insurance and investment landscape, it can be confusing to those who can’t devote their full time to keeping up with the industry changes. FRS' team of professionals can evaluate, implement, monitor and modify your company employee benefits programs (EBP), including:
Designing a plan. FRS works with you to customize employee benefits plans that achieve maximum coverage based on available funds. These may include medical, dental, disability, life, vision, employee assistance (EAP), and international/expatriate plans.
Obtaining insurance. FRS will outline each insurer’s plans that can best meet your organization’s needs and budget by providing:
- RFP Development & Facilitation
- Benefit Program Analysis
- Insurer Selection & Implementation
- Benefit Cost Analysis & Forecasting
- Renewal Management & Negotiation
Setting up investment plans. To provide for your employees’ financial future, FRS will assist you in arranging 401(k), 403(b) plans, executive compensation, self-directed investments, and deferred compensation plans.
Administering the plans. Once a plan is implemented, FRS will serve as the liaison between your HR department and the service providers.
Ongoing cost/benefit analysis. Keep on top of the constantly changing regulatory and financial scenario by having FRS monitor market conditions and advise you on industry changes.
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