Strategic Benefits Consulting

The employee benefit planning process has become a high stakes and complex procedure. Through a proactive planning system, Tailored Benefits, Inc. helps clients take control of their plans to insure that the investment made supports their broader business goals. The strategic benefits consulting process is ongoing, and includes:

  • Establish annual benefits objective
  • Analyze financial/non-financial performance of benefit plans
  • Conduct competitive Benchmarking and Analysis
  • Provide insight into legislative issues and their impact on company plans
  • Introduction to new and progressive benefit concepts
  • Identification and exploration of cost control strategies

Technical Assistance

Tailored Benefits, Inc. assists clients on a full range of technical issues, from budget development to high-level strategy issues pertaining to employee benefits:

  • Annual benefit budgets
  • Plan design options and alternative funding analysis
  • Underwriting projections
  • Renewal negotiations
  • Financial forecasting
  • Plan cost/claim pattern trend analysis

Vendor Selection and Management

Assisting clients with the process of vendor selection, management and negotiation is perhaps the most critical function we perform for our clients. Our bidding process is comprehensive, and typically involves the following process:

  • Pre-qualifying potential vendors
  • Bid specification development
  • Evaluation of proposed services, program design, cost and funding alternatives
  • Negotiation of final contract terms
  • Implementation and communication plan for new benefit programs
  • Evaluation of service providers and performance guarantee negotiation
  • Day to day problem resolution on plan design issues, claim/eligibility, billing problems, and other difficulties

Human Resource Solutions

As a valued client of Tailored Benefits, Inc., we provide you a consulting solution for your Human Resource inquiries through our partner, ThinkHR. At no cost to you, ThinkHR Live offers HR Hotline, a phone based support service that allows you to obtain quick answers or second opinions on a range of Human Resources issues, along with a wide variety of online tools and resources available 24/7.

Administration Assistance

An evolving benefits program generates a never-ending list of benefit administration tasks. Administration services range from simple forms assistance to comprehensive outsourcing services. Our capability in this area includes:

  • Assisting in development of internal management systems to simplify the administration of various programs
  • Providing forms and templates as required to enable employercompliance with COBRA, HIPAA and other benefits regulations
  • COBRA Administration
  • Assistance with selection implementation of automated benefits enrollment outsourcing vendors

Retirement Services

Tailored Benefits, Inc. retirement plan professionals are uniquely positioned to provide unbiased evaluation of service providers, as we do not offer proprietary investment management, administration, trustee, or actual services. Our staff has the experience and the expertise to help companies reduce plan costs, outsource administrative functions, and enhance employee education/communication programs.

Legislative Counseling and Compliance

Tailored Benefits, Inc. helps clients understand how legislation affects and shapes benefit plans and personnel policies. Our legislative compliance and regulatory counseling services include:

  • ERISA, Federal and State requirements
  • Form 5500 preparation
  • Schedule A form preparation
  • Summary Annual Reports/Summary Material Modifications
  • Notification and advise on emerging benefits legislation
  • Retained ERISA counsel

Employee Communications

Benefits programs are of little value unless clearly communicated and understood by plan participants. Tailored Benefits, Inc. works closely with our clients to develop custom employee benefits communications programs to gain the appreciation of plan participants. We have experience developing custom high quality and professional materials including:

  • Open Enrollment Announcements
  • Benefit Highlights Brochures
  • Benefits Statements
  • Benefits Summary Brochures
  • Benefits Information Wallet “ID” Cards
  • Consolidated Enrollment Forms
  • On-Line Benefits Communication Portals

We offer a no obligation, free initial consultation

We provide our clients with an uncompromising Commitment to Strategy, Accountability, Value, and Advocacy

We welcome any questions, requests for information or feedback you may have.

Contact Us

Tailored Benefits, Inc.
870 Market Street
Suite 1074
San Francisco, CA 94102

Direct:- 415.215.7536
Phone:- 415.974.1114