Large, high growth manufacturer outgrew their current broker relationship that could not keep pace with compliance requirements or bring the service, expertise, and strategy. The BKS Risk Map illuminated compliance deficiencies that exposed the company to thousands of dollars in penalties. Additionally, our review highlighted best practices for contribution strategies, plan designs, and addressed the unusually low participation rate in a generous health plan. The HR Director wanted to introduce a wellness plan but did not have the internal resource or time. BKS was ready to step in with ideas and strategies to leverage carrier funds, nurture company culture, and engage employees.
Plugged our new client into our specialty groups including: