BENEFITS OUTSOURCE, INC.
Benefits Outsource, Inc. (BOI) serves as a trusted Third-Party Administrator (TPA), offering reliable and cost-effective solutions to manage the escalating complexities of benefit administration for businesses of all sizes.
OUR SERVICES
401(k) Plan
Our comprehensive 401(k) outsourcing program offers a full range of services that allow you full discretion to outsource tasks that you no longer wish to handle in-house.
COBRA
We provide a comprehensive COBRA outsourcing alternative to companies of all sizes.
Section 125 Admin
As a national powerhouse in electronic hardware sophistication and expertise, you get the most complete Section 125 outsourcing alternative.
Our Expertise
Benefits Outsource, Inc. BOI delivers exceptional service while providing the best products that increase efficiency, reduce costs, and improve the employee’s experience. We focus on building a solid foundation with our partners, with the focus on creating and maintaining a true partnership that sustains cohesiveness relating to the overall function of your company benefits program.
BOI is the provider of choice for those clients that need: A simplified approach to administration and an easy-to-navigate experience. An innovative platform across all books of business.
- Unparalleled system security.
- Meticulous customer service.
- A platform to execute multiple/complex plan components.
BOI’s Services:
BOI provides a scalable and customizable platform tailored to our partners’ offerings, creating a path that eliminates the maze of complex administrative services. With our unified COBRA and CDH platform and card processing engine, BOI allows employers to offer their employees a modern and real-time single experience. BOI delivers an intuitive experience, personalized guidance, and market-leading features. We make it easy!
Also, BOI is SOC 2, Type 2 certified/compliant. The review entails an independent examination of the firm’s systems and certifies the suitability of designed controls relevant to security, availability, processing integrity and confidentiality.
During our twenty-eight (28) years in business, BOI’s value proposition centers on service delivery, in which we tailor our programs to fit the needs and objectives of the client. By coupling this with our work ethic, we have been able to create a brand that prides itself on professionalism and innovation.
Our administrative services include:
- Executive Support
- Dedicated Account Managers
- Fully trained customer and claim representatives that provide premium customer service via the phone, dedicated email, or face-to-face meetings in our Davie office.
- Creation of an atmosphere for learning through customized open enrollment, periodic educational programs, and virtual or onsite training sessions.
- Fully integrated real-time online access for HSA, FSA, HRA, and LSA participants, COBRA continuants, and Retiree or Domestic Partner. This access allows for the filing of claims, submission of payments, and viewing of account activities.
Additionally,
- BOI acts as the client’s surrogate; we take over the administrative responsibilities/needs and provide participant/ members/ continuants the service required to maintain a quality customer experience.
- BOI’s climate represents the highest level of ethical values, critical to the establishment and maintenance of an effectively controlled organization.
- BOI’s customer service is above reproach, including the availability of a BOI employee to answer every incoming call.
What We Do for Employers
Benefits Outsource, Inc. is a Third-Party Administrator, that provides a reliable, and cost effective solution to the increasing cost of benefit administration for companies of all sizes. When you contract with us, you transfer all of your day-to-day administration responsibilities to the seasoned professionals at BENEFITS OUTSOURCE, INC., and you no longer have to worry about violating the maze of statutory compliance laws that govern benefit plans. Our cost effective and comprehensive services include:
- Initial Plan Design and Setup
- COBRA and CDH Products
- 401(k) Plan
- COBRA and HIPAA Programs
- FSA/HAS/HAS/LSA Accounts
- Compliance with Government Regulations
- Forms 5500 Filings, Summary Annual Reports
- Summary Plan Descriptions and Amendments
- Administration of Qualified Domestic Relations Order (“QDRO”) for Your Plans
- Benefit Statements Preparation
- Answering Benefits Questions for Your Employees