Page 22 - Bird RFP Response_Burnham Benefits
P. 22
Burnham Benefits Response to Bird
Request for Proposal for Benefits Broker
Services
Administration
Identify core administrative services, assess vendor performance, and manage
vendor relationships to provide appropriate program administration.
Self-Funding Arrangements
Advise and counsel regarding program funding alternatives, including review fee
proposals, and recommend budget rates and employee contribution rates
Compliance
In-house Attorney, Compliance Department
ERISA reporting and disclosure, including wrap plan documents and
summary plan descriptions, eligibility and other plan administration
issues
IRS tax issues, including cafeteria plan and fringe benefit requirements
Full-service nondiscrimination testing
COBRA
Mergers and acquisitions
HIPAA privacy and data security
Wellness programs
Federal, State and local laws and ordinances
Complex ACA consulting
ACA reporting
Form 5500 preparation
Human Capital Management Technology
In-house Technology Specialist
RFP process / Technology Evaluation
Initial Discovery Call with Technology Team and Client
Complete client requirements, Market Research
Provide recommended Vendors
EDI, systems management and integration
Online HR portal with market ready collateral
Manage employee benefits portal implementations, renewals, and
ongoing service issues
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