Your employees have important long-term goals. Our highly tenured team is here to give you the support you need to continually enhance the services and offerings you provide to them. Our comprehensive benefit payment services provide the stability, customization and expertise you need to generate the most value from your defined employee benefit plans.
We have experience working with third-party administrators, consultants, investment managers and other plan professionals. This enables us to construct a tailored solution to meet each of our client's needs.
We'll customize our services and support to meet your requirements. Our core benefit payment services include:
- 24/7 online access to view or input payment information, comprehensive reporting capabilities in PDF and Excel formats, robust search capabilities and online participant tax forms
- Daily lump-sum and off-cycle payment processing, as well as periodic processing
- Timely and accurate distributions as electronic payments (ACH) or checks
- Optional toll-free hotline to answer participant questions 24 hours a day, Monday through Friday
- Federal and state tax withholding, annual tax form production and TEFRA mailing, annual IRS tax filings and all required state filings
- Monthly unclaimed property report
- Monthly death audit report
- Conduct data feeds to actuarial firms