Corporate Benefits Network: Bringing Unparalleled Employee Benefit Services to Corporations

Top 10 Benefits Administration Services Companies - 2021

HR administrators often have to deal with the anguish of pre-populating a new platform with employee and dependant census information, as well as current benefit preferences, which can be a monotonous and time-consuming task. It normally necessitates acquiring this data via reports from their payroll/HRS systems, as well as carrier benefit records, and then altering these reports into a format that the new benefits platform can accept. This process not only necessitates a high level of technical proficiency on the part of the HR worker supplying the data, but it is also time demanding and prone to data errors and anomalies that must be investigated and rectified.

HR automation is achieved through the use of technology to reduce human labor by automating procedures. Workflow automation eliminates manual stages in a process and replaces them with computerized ones. This reduces human error while also saving time.

Another developing technology for improving HR processes, such as benefits administration, is robotic process automation (RPA), which has traditionally needed manual processing by HR departments. RPA enables rules-based, transactional processes to perform operations like benefits enrollment without the need for human participation. These automations have been integrated into the offerings of HR and employee benefits service providers.

Coming to the aid of enterprises for the right Benefits Administration Solution Providers, ManageHR has compiled a list of Top 10 Benefits Administration Solution Providers, Top 10 Benefits Administration Service Companies 2021, and Top 10 Emerging Benefits Administration Companies 2021. Besides, the magazine also comprises insights from thought leaders in the sector on the industry trends, best practices, recent innovations, and their advice for aspiring CIOs.

We present to you ManageHR’s, ‘Top 10 Benefits Administration Service Companies - 2021’,

    Top Benefits Administration Services Companies

    BDG CPAs specialize in accounting, corporate outsourcing, employee benefit plans, audits, business valuation and tax management services. Founded in 1982, BDG-CPAs technical tax, audit, accounting, and advisory talents are often comparable to that of a Big 4 accounting firm. Partners have over 25 years of experience with the Big 4 firms, primarily with PwC. Long-term, mutually successful relationships with many blue chip, prominent clients distinguish BDG-CPAs. The BDG CPAs service mission is to continuously improve clients' internal controls, save taxes, and publicly trusted attestation ... read full profile
    Started as a family-owned business by two couples sharing the same vision, R&B Insurance Services LLC specializes in saving employers time, money, and resources through its simple yet customized work-site solutions. Since day one, the company has been driven by the mission of "Doing the right thing for clients." This has enabled R&B Insurance Services to achieve great heights of success over the years. Today, it has offices in 6 different locations in the U.S., including three in Pennsylvania, one in Virginia, one in West Virginia and one in Florida, and the company is represented by over 35 agents who work with dedication to help any size account ranging from two employees to over25,000 employees ... read full profile
    Baldwin Krystyn Sherman
    Baldwin Krystyn Sherman Partners is an insurance company that offers risk management and employee benefits. BKS Partners, formerly known as Baldwin Krystyn Sherman Partners, is an award-winning independent insurance brokerage firm providing private risk management, commercial risk management, employee benefits and Vitality programs to clients wherever life takes them throughout the U.S. and internationally. BKS Partners, a subsidiary of BRP Group takes a holistic and tailored approach to insurance and risk management. The Company offers personal, business, life, and health insurance services. Baldwin Krystyn Sherman Partners serves customers in the State of Florida
    Baystate Benefit Services
    Baystate Benefit Services, Inc. is an advisory consulting firm specializing in consulting, design and evaluation of employee benefits plans and human resources. The company also offers investment advisory services, insurance brokerage services; as well as financial, retirement, estate and insurance planning. Baystate Benefit Service customize a benefit package that meets the needs, budget, and culture of their organization. While benefit plan design and rate negotiations are an annual event, administration, compliance, and the communication of benefits is never ending. Baystate Benefit Services offers its clients unparalleled services and compliance support all under one roof
    Admin America
    Admin America is a full-service benefits third party administrator. Since 1988 the cornerstone of their business practice has been the expertise, integrity and superior service they provide every day to their client and broker relationships. Admin America is based in Alpharetta, Georgia and is an independent administrator and consultant for ERISA plans including Section 125 Flexible Benefit Plans, Section 105 Health Reimbursement Arrangements and COBRA. Admin America is a leader in FSA, HRA, HSA, and COBRA administration, streamlining the employee benefits process for their clients with the most up to date technology and tenured staff committed to providing superior customer service
    American Benefits Group
    American Benefits Group (ABG) delivers innovative on demand benefits administration solutions that combine empowering technology and exceptional customer service while maximizing value and efficiency. ABG provide a fully integrated and interactive CDHC platform for all pretax account based plans including Flexible Spending Accounts (FSAs) and Health Reimbursement Arrangements (HRAs), Health Savings Accounts (HSAs) to Commuter Parking and Transit Accounts. In addition they are a leading provider of COBRA and Direct Premium Billing Administration Services. Renowned for their exceptional service delivery and flawless execution, ABG has been recognized repeatedly by industry leaders for their innovation and excellence
    Extensis
    Extensis helps organizations manage their digital assets, whether through font management, digital asset management or image compression. If you have hundreds, thousands or even millions of digital assets or fonts that need to be used or shared across the team, they know your pain. For 25 years, they have been helping companies across the globe drive down operational costs with powerful, affordable solutions. Their solutions enable companies to maximize the value of digital content, streamline workflows, ensure compliance, and improve productivity. WThey know not every organization has extensive IT resources or months to get solutions in place, so they’ve built their solutions so they are quick and easy to implement, and intuitive and enjoyable for people to use
    HS&BA
    Health Services & Benefit Administrators, Inc. (HS&BA) is a Third-Party Administrator founded in 1989. We provide services such as claims processing, pension administration and employee benefits management. Our goal is to provide our clients with best in class service regardless of the type of trust that we are entrusted to administer. We instill a culture where we balance our employee and client commitments of treating both with ultimate respect to ensure that both sides have the best experience working with and for our company. We strategically plan ahead and use the skills of our dedicated team (union and management) to collaborate, innovate and continuously improve processes to ensure superior customer service
    Jaeger & Flynn
    Jaeger & Flynn Associates (JFA), a Marshall & Sterling company, is a leading provider of employee benefits, risk management, third-party administrative services, and human resources support services based in Upstate New York. JFA is a wholly-owned subsidiary of Marshall & Sterling Insurance and operates three office locations in the state of New York: Clifton Park, (their Corporate office), Saratoga Springs and Glens Falls. As benefit advisors and administrators, they go beyond the basics and provide support and services that make us a best-in-class business partner. JFA is proud to have been named one of Albany Business Review's Best Places to Work for 10 years and is dedicated to being a good partner in the community
    Next Level Benefits
    Next Level Benefits is an HR consulting firm staffed with former corporate HR professionals in all disciplines of HR. Each member of their team has at least 20 years of corporate HR experience from such companies as American Eagle Outfitters, Ariba, Ascena, Citigroup, GNC, Hess, IBM, Levi Strauss, Netflix, TBC Corporation, and U.S. Airways. They can tackle any HR project you have been wanting to cross off your list. Their deep expertise allows them to act as an extension of your team, eliminating the need for additional headcount or relying on external consultants and brokers without HR experience
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