THE PHILOSOPHY: To provide professional
benefit communications as a medium through which employers' can sponsor
quality supplemental benefit programs for their employees.
THE MISSION: To significantly enhance
an employers' employee benefit package at no corporate cost.
To allow employees to have choice in benefit plan design through the offering of
an array of supplemental benefits that they individually design to meet their
own and their families needs.
An enhanced benefit package
which better addresses the benefit needs of all employees. This
important benefit package directly results in:
Benefit Corporate Cost
average 38% of payroll is spent on benefits and most employees have no
idea of the true value of their benefit package. At no corporate
cost an employer can change all of that. The following IBS services
make the difference:
benefit statements - personally designed showing
all benefit costs both statutory and non-statutory.
Counseling - makes certain employees understand their
benefit statements and appreciate their benefit
benefits - adding programs that are individually
designed and paid for by employee. Programs fill
in gaps that exist with core group benefits. Key
- ultimate employee choice and no corporate cost.
Specific programs can include:
Portable Term Life Insurance
Whole Life Insurance
Short Term and Long Term Disability
Dental and Vision Plans
Term Care Insurance
125 Flexible Spending Accounts
Section 125 Flexible Spending Accounts
(BeneFlex) actually generate payroll tax savings for the employer.
All IRS compliance requirements (i.e. Discrimination Testing, Plan Document,
5500 reports) are at no cost.
Section 125 payroll tax savings are so significant that
dollars are derived to pay for benefit booklets
focal point of all IBS services is professional Benefit Counselors.
These salaried, not commission compensated individuals are highly trained
benefit professionals, well equipped to deal effectively in the qualified
plan (i.e. Section 125) employer sponsored market place. Their goal
is to help employees appreciate new benefit programs. For employees
interested, they help them custom design the benefit to meet their individual
needs. The end result - significant employee satisfaction and
in turn, significant savings for the employer.
IBS benefit programs and Benefit
Counselors are available through the U.S. Most employers have come
to realize two important points:
There are fewer corporate dollars
available for benefits
Benefit package needs to remain competitive
to attract new
We all agree:
is low - tightest
labor market in twenty years
turnover is high
positions opened then there
are people to fill them
costs are up - no dollars
available for more benefits
If you are serious about finding solutions,
please contact us at:
111 Main Street, PO Box 380, Collinsville, CT 06022
Tel. (860) 693-6725 - Toll Free (888) 909-IBSI (4274)
Fax (860) 693-9475
If you have any questions or
need further information on any of our services, please E-mail us firstname.lastname@example.org