Benefit Administration Package
ManagedPAY offers a comprehensive Benefit Administration Package designed for employers with 5-1,000+ employees. This package includes a streamlined benefit management system integrated into their HRIS/Payroll platform. It covers Affordable Care Act (ACA) compliance, year-end reporting, global allocation of benefit deductions, employee self-service options, carrier interfaces for plan enrollments, COBRA administration, broker interfaces for plan descriptions, retirement plan interfaces, and ERISA compliance consultation. This package ensures efficient benefits administration and compliance with evolving ACA mandates, enhancing an employer's ability to attract and retain top talent.