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Corporate Solutions 

Health, Wealth, Administration & Governance

 

Group Benefit Plans

Not every employee has the same needs and budget. Not every organization has similar ambitions and motives.

Using our experienced team of Benefit Advisors, let us help you decipher this code to optimize subscriber experience, expense management, and plan performance.

We help you to evaluate your intentions, define your goals, and objectives and determine a strategy. Then we craft solutions that include products, vendors, and services that are appropriate, affordable, compliant, and easily administered.

Retirement Plans

Whether you are starting a retirement plan or are seeking assistance with your existing program, RMR has the highly experienced and credentialed professionals to guide you through the entire process of designing, installing, and managing your plan.

Our team has the expertise in plan design techniques to help you accomplish your goals and leverage the principles of behavioral finance to help maximize outcomes for your participants.

OUR SUPPORT PROCESSES FOR YOUR BENEFITS & RETIREMENT PLANS INCLUDE:

Be it implementing and managing Health & Welfare Plans (Medical, Prescription Drug, Dental & Vision), Life & Disability, Wellness Programs, Voluntary Worksite Benefits, Pre-tax Plans (POP, FSA, DCA, HSA & LP-FSA, HRA & QTP), preparing your Benefits Guide, ACA Recordkeeping & Reporting, Health & Welfare Form 5500 preparation, Wrap Plan design and other notices, compliance, and plan governance obligations, we can help deliver solutions to help you optimize value, meet requirements and, your team’s expectations for a superior program with value to all stakeholders.

ENROLLMENT SUPPORT

Employees have limited dollars to allocate to benefits. It is important they have the resources to understand the value and tax impact of their benefit decisions.

ONGOING ANALYSIS

Regular and ongoing review of your benefits program and the law is important. As your demographics change, your strategy and plan designs should evolve with them.

VENDOR NEGOTIATION SUPPORT

Fiduciary responsibilities mandate that expenses are reasonable for the services provided and that they are necessary. This is a continual process and discussion that we have, on your behalf, with plan vendors.

BENCHMARKING & EXPENSE ANALYSIS

Determining a reference point you can rely upon to establish your plan’s design, formula, features, and benefits requires knowledge, experience, and judgment.Let us share valuable insights on how you compare.

ADMINISTRATION & GOVERNANCE

Employers need expertise to ensure that their platforms effectively and efficiently deliver not only enrollment and administration support but also provide the tools necessary to access the data that is required to meet their statutory reporting responsibilities. With these requirements in mind, RMR assists you in the determination of the most appropriate platforms for the delivery of your benefits program, and assists you in weighing the ASO and PEO approaches.

THROUGH OUR VENDOR PARTNERSHIPS WE DELIVER

ADMINISTRATIVE SERVICES OUTSOURCING (ASO)

Maintain your own infrastructure through a co-administration relationship whereby an employer utilizes a combination of integrated service providers and an outsourced team of specialists to deliver payroll, benefits administration, decision making support, as well as other human capital management functions. Employers maintain their own benefit plan offerings and the flexibility to select the most appropriate vendors to meet their needs.

PROFESSIONAL EMPLOYER ORGANIZATIONS (PEO)

A co-employment relationship whereby the PEO becomes the employer of record for tax purposes. While your company continues to direct an employee’s day-to-day activities, the employees gain access to the benefit plan options of the PEO and are supported by the human resources specialists of the PEO. PEO’s may be able to provide certain benefits, such as workers’ compensation or health insurance at below market rates by negotiating insurance coverage that covers the entirety of the PEO’s employee group.

NEW HIRE ONBOARDING

Automate your recruitment-to-onboarding process and allow new hires to electronically enter necessary personal and payroll related data as well as review and acknowledge employer required documents.

DECISION MAKING SUPPORT

Provide employees access to tools and resources which empower them to make appropriate choices and gives ongoing access to the information they need to best utilize their options.

COMPLEX ORGANIZATION MANAGEMENT

Management of benefits across multiple employers in control or affiliated service groups. Systems can help to classify employee groups and track multiple eligibility profiles.

ELIGIBILITY MANAGEMENT

Use systems to track employees hire dates, hours, and qualification to enroll in benefits. Manage communications electronically to ensure compliance with applicable laws.

BENEFITS ADMINISTRATION

Engage systems to eliminate paper and efficiently collect, store, and move data between your payroll system and your plan vendors for all benefit transactions.

CUSTOMIZED REPORTING

Access your data with standard and customizable reporting tools to generate the internal reports you require or to meet statutory reporting requirements.

WELLNESS & ENGAGEMENT

As an employer, it is not always easy to recognize when employee financial stress is attacking both your company culture and your bottom line. This is often represented in the form of delayed retirement, increased health care expense, and decrease in workforce productivity.

Health & Financial Wellness programs have emerged as a critical employee benefit to help you manage these risks.

Let our experts use our suite of tools and services to help you gain a picture of your workforce and devise strategies on how to address these concerns.

There are multiple approaches to determining the most appropriate wellness program. The most important element to a successful program is consistency. The ongoing and recurring engagement of employees creates a culture of attention to wellness and decision making. With this consistency, employees are more likely to seek out proper guidance and to utilize the resources provided to them.

Efficient, Cost Effective, and Geared To Position You Well in the Market.

Sometimes You Just Can’t Go it Alone

The goal is to provide benefit and retirement plans that will provide optimal value to your employees and your company while abiding compliance requirements. Tackling that on your own can be tough. We’re here to support you from comparing plans to negotiating with vendors. Even enrolling employee, all while making sure you stay competitive with the market.

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How We’re Here to Support You…

Benchmarking & Analysis

Establish your plan’s foundational design. We can assist you with comparing plan formulas, features, and benefits.

Vendor Negotiation

Ensure that your expenses are always reasonable and necessary towards your goal. We continuously interact with plan vendors, and advocate for you.

Enrollment Support

Advocate to make sure your employees get the maximized value out of their benefits. We help your employees understand the value and tax impact of their benefit decisions.

Ongoing Analysis

Future-proofing your plan design to evolve as your company evolves and demographics change. We provide regular and ongoing review of both your benefits program and the law.

Retirement Plans That Align With Your Corporate Culture & Demographics

Whether you want to review an existing plan or develop a new one. Our experienced Advisor team can help ensure a creative solution to enhance, design, or install a plan; as well as manage it. All the while, we’ll educate and guide your employees to make sound investment decisions.

Building a secure financial future is an essential goal for your employees. When you provide them with a fitting retirement plan, you enable them move ever closer to achieving their financial goals and lifetime dreams. When the plan is made user friendly and managed effectively, you better position yourself to retaining the talent that will help your company thrive.

Benefits Are Not One-size Fits All

The benefits you offer are essential in making the difference in your ability to attract talent. We can help you develop a robust benefits package that positions you competitively in the marketplace and keeps you compliant with federal, state, and local rules and regulations. What’s more, we’ll help you achieve these objectives at affordable rates that accommodate your budget.

Our experienced team of Benefit Advisors will assist you in clarifying your intentions, defining your goals, and identifying a strategy. They’ll craft a solution that ensures you achieve the best in subscriber experience, expense management, and plan performance. By choosing vendors, products, and services that are not only just right for your people but also align you.

DISCIPLINED PROCESS

We conduct a detailed interview to ensure we gather all the necessary data about your organization and the vision you have. We will identify your needs to ensure you stay competitive and retain talent.

CREATIVE SOLUTIONS

While we provide standard benefit plan options, we also offer more creative products that allow employers to customize their offerings, control costs, and efficiently manage their deployment.

THOUGHTFUL ADVICE

Our mission is to provide your organization with thoughtful guidance with a focus on helping you efficiently use your resources and retain your talent.

A World of Support Right at Your Fingertips

Remaining competitive and serve your employees, is even easier when you embrace technologies that will help you minimize administrative responsibilities. Automating business processes and replacing manual, paper systems that are becoming obsolete. We’ll help you establish relationships with vendors who provide the Human Capital Management (HCM) services you need to attract and retain top talent. As you outsource key finance and human resource functions, you will gain a competitive edge in the marketplace, positioning your company to scale.

Administration & Governance That’s Effective and Efficient

HCM gives you the capability to more effectively and efficiently provide enrollment and administrative support in the delivery of your benefit services. We will introduce you to our robust selection of technology solutions and take a creative approach to find the platform that will work best for your organization—one we will customize to control costs, accommodate your demographic needs, and meet your statutory reporting responsibilities. RMR can also assist you in weighing the ASO and PEO approaches and provide you with the thoughtful guidance to efficiently use your resources to recruit and retain talent.

ADMINISTRATIVE SERVICES OUTSOURCING (ASO)

ASO is a co-administration relationship enabling you to use a combined integrated service providers and an outsourced team of specialists to deliver payroll, benefits administration, decision making support, and other HR functions.

PROFESSIONAL EMPLOYER ORGANIZATIONS (PEO)

PEO is a co-employment relationship in which the PEO becomes the employer of record for tax purposes. Your company continues to direct an employee’s day-to-day activities while your employees access the PEO benefit plan options and are supported by the PEO human resources.

Important Functions...
We Can Help You Zero In.

NEW HIRE ONBOARDING

Automate your recruitment-to-onboarding process and allow new hires to electronically enter necessary personal and payroll related data as well as review and acknowledge employer required documents.

COMPLEX ORGANIZATION MANAGEMENT

Manage benefits across multiple employers in control or affiliated service groups. Systems can help to classify employee groups and track multiple eligibility profiles.

BENEFITS ADMINISTRATION

Employ systems to eliminate paper and efficiently collect, store, and move data between your payroll system and your plan vendors for all benefit transactions.

DECISION-MAKING SUPPORT

Provide employees access to tools and resources that empower them to make appropriate choices and give them ongoing access to the information they need to make the most of their options.

ELIGIBILITY MANAGEMENT

Use systems to track employees hire dates, hours, and qualifications to enroll in benefits. Manage communications electronically to ensure compliance with applicable laws.

CUSTOMIZED REPORTING

Access your data with standard and customizable reporting tools to generate the internal reports you require or to meet statutory reporting requirements.

Wellness & Engagement

Exposing employees to the financial literacy is essential step to getting their financial lives on track and shore up their personal balance sheet. Eliminating employee worry over their financial health. Financial wellness programs have become an important vehicle to bolstering employee confidence in their financial management and we believe our financial literacy training will help employees to make better financial decisions. We aim to provide personalized attention to each employee—show them better practices for financial decision making. Help them gain knowledge about financial products and encourage them to participate in programs that align with their needs. Consistency is the most important element to a successful program. Continuously exposing employees to wellness activities and learning opportunities creates a culture in which employees pay attention to their financial health—one in which they feel valued, fulfilled, and productive. Let our team of educators help your employees be at their best.

Help Your Employees Create A Financial Plan to Help Achieve Their Financial Freedom

Talk with an Advisor

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