Tired of complex employee benefits administration? Point Rock Group is here to assist your credit union with employee benefit administration.
Point Rock Group, Inc. simplifies employee benefit administration by blending expert, high-touch support with cutting-edge internet efficiency through our USAdmin Services department. Our seasoned team, with years of experience serving employers large and small, leverages proven industry systems.
These systems empower our benefit executives to swiftly address and resolve concerns for employers, employees, COBRA participants, brokers, healthcare professionals and providers alike. Our commitment to service is backed by a 24-hour work turnaround, client indemnification and seamless web access, ensuring a hassle-free experience.
Services include:
Benefit Plan Design and Document Preparation
Allows for plan creation that meets the specific needs and demographics of your workforce. Ensures benefit plans adhere to federal, state and local regulations to avoid potential penalties.
Flexible Spending Account Administration (FSA)
Employee benefit that reduces payroll taxes for the employer while allowing employees to budget and pay for qualified medical expenses with tax-free money.
Health Reimbursement Account Administration (HRA)
A tax-free benefit for employees for qualified medical expenses that allows employers to help control healthcare costs.
Premium Only Plans (POP)
This type of plan will reduce an employer’s payroll tax costs as employees pay their health insurance premiums with pre-tax dollars which in turn increases the employee’s take home pay.
Non-discrimination Testing
Helps ensure compliance and penalties for federal regulations and contributes to maintaining the tax-advantage
COBRA Administration
Enables human resource staff to adhere to the complex regulations of the Consolidated Omnibus Budget Reconciliation Act (COBRA) to avoid heft fines and legal issues.
FMLA Premium Billing
A service that administers group health benefit maintenance for employee on FMLA leave. Employees are provided clarity on how and when to pay their share of premiums while on leave.
Short Term Disability/Long Term Disability Billing
Reduces administrative burden for billing and collection of premiums for short-term (STD) and long-term disability (LTD) insurance. Employees have peace of mind knowing there will be a source of income if a disability prevents them from working.
Personal Leave Premium Billing
If an employee is on unpaid personal leave, this service handles the billing and collection of premiums for benefits that the employee wants to continue.
Retiree Premium Billing
Provides retired employees a dedicated contact point concerning their former employer’s benefits.
Ready to Learn More?
For more information, contact Point Rock Group’s USAdmin or you can visit the USAdmin website.
