Smaller organizations rarely benefit from the economies of scale and negotiating power that larger organizations enjoy. That's where Total Team Solutions can help, as we provide to our clients access to benefit packages that offer affordable health insurance and a cost effective 401(k) plan.
The advantage to our clients is that Total Team Solutions maintains fiduciary responsibility as Plan Sponsor and handles all ERISA reporting and disclosure requirements for the Health and Welfare Plan. Our clients gain flexibility and choice for their employees without the administrative burden, enhanced employee total compensation packages and the ability to focus more time on their core business.
Now that the Healthcare Reform has become law, the business community is trying to figure out what impact it will have on them. Total Team Solutions assists our clients to make sure they comply with the various laws and that they take advantage of incentives and tax credits associated with the legislation.
Healthcare Reform will have broad impact on U.S. companies due to the complex nature of the specialized reporting, employee notifications and tracking of employee hours. This is just one more significant challenge that small & mid-sized companies will have to face in 2016 as most will not have the manpower or infrastructure to comply with the mandated requirements. Total Team Solutions will manage the administrative mandates which will allow our client’s more time to focus on core profit activities, and less time on costly administrative headaches.
Total Team Solutions employee benefit plans will not only greatly reduce administrative headaches but will also be provided to our clients free of any administrative expense!
Total Team Solutions will provide:
- A single point of contact to simplify benefits administration.
- Dedicated account team and support staff to provide benefits administration assistance.
- Integration with TTS HR/Payroll services to reduce duplicate data entry.