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Health Benefit Administration
Managing benefits has never been so easy. Benefits Administration inside of our HCM System brings clarity and peace of mind to HR Managers. Set up your benefit plans once, driving enrollment and deductions throughout the system. A single application to keep you in sync with HR and Payroll, and to enable you to manage and automate employee benefits processes, connect to carriers, empower employees, and to allow deep integration with your brokers.
Our analytical tools make it easy to evaluate key data across the board, enabling you to make informed decisions. Our integrated system helps reduce exposure to compliance-related penalties by providing reports to confirm full time and variable employee status and produce the required annual filings required by the IRS.
Don’t tarnish the value of your benefits plan with a cumbersome enrollment process. Our HCM technology helps simplify the process for both the administrator and the employee, putting an end to open enrollment anxiety.
Financial wellness ranks high for employees as they look towards their long-term future. Many of us have images of ourselves in the future, clad in sunglasses and white hair, playing with our grand kids at the beach — a vision of retirement. As an employer, you can help your employees achieve this vision by including a 401(k) Plan in your list of employee benefits.
Unless you’re an expert, administering retirement plans appears to be very daunting and risky. CPM removes any concerns, with the help of amazing retirement plan partners, allowing you to add a retirement plan to your employment benefits faster than you can say ‘get me some sunscreen’. With CPM and the right Third-Party Administrator (TPA), you’ll have a match made in 401(k) heaven. We take care of the set-up process, payments, and reporting. What’s even better, it’s all seamlessly integrated with your payroll processing. Easy Peasy.
We’re not trying to sell you a 401(k) platform that we own. We let the 401(k) experts drive the conversation, because, well, they’re the experts. We’ll work with your current financial advisor, TPA or make a referral to one of our trusted local brokers based on your needs.
Adding a 401(k) program to your list of employee benefits is not only a huge bonus for the employee, but also for your business. When employees feel secure and supported, they’ll stick around. Make an investment in your employee’s futures and your company.
Call CPM Employer Solutions today, and we’ll show you how planning for your employees’ futures is a win-win.