| In today's economic climate,
attracting and retaining experienced and professional employees is paramount to every
company's success. In addition to positively impacting an organization's financial
strength, a well designed, effectively administered employee benefit plan fosters
employees' loyalty and motivation, while offering significant tax savings to the employer. In designing and administering a cohesive benefit plan, sponsors are faced with diverse compliance, administration and recordkeeping requirements brought about by a myriad of legislative complexities. Recognizing the burden of undertaking such responsibility and the consequences of costly fines which can be imposed in the event the plan is disqualified, most sponsors prefer to engage an outside benefits consulting firm to manage their benefit plans. Companies throughout the northeast have turned to Abacus Benefit Consultants, Inc. for our full service or unbundled approach to plan design and administration. Our valued clients range from sole proprietors to large corporations and are served by an experienced team of benefits professionals backed by a trained support staff which, together, provides accurate, timely service. We offer our clients a comprehensive menu of services in the traditional full service approach and coordinate with insurance companies and/or mutual fund companies with our unbundled service package for 401(k) plans. Because Abacus does not sell investments or insurance products, our clients receive objective consulting. These advantages, coupled with a favorable fee structure, assure our clients that their benefit plans will be designed and administered properly and with economic feasibility. |
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