We know that as a business owner, you’re looking for a benefits plan that meets your goals while controlling costs. Our customized approach to benefits plans allows small to mid-sized businesses to build a better benefits plan than they can get anywhere else.
We realize that evaluating benefits plan options can be challenging; therefore, we have organized the following information and resources to help you through the process.
The benefits that owners, executives, and key employees receive shouldn’t be limited by your core benefits plan. With our enhanced capacity for customization, Executive Benefits can provide extra benefits opportunities for these crucial groups.
Learn More: Integrating Executive Benefits – Set up customized benefits plans that are tailored to reflect your compensation philosophy. Executive Benefits can be layered into an existing plan or integrated as part of a comprehensive plan design.
Hybrid Plan Design
Hybrid plans allow small and mid-sized businesses to achieve much greater flexibility, as employers can provide a range of benefits to different groups in their organization depending on the compensation budget and goals for each group.
Learn More: What is a Hybrid Plan? – Hybrid plans combine the advantages of conventional benefits plans and Health Care Spending Accounts (HCSAs), while giving employers the control and flexibility to ensure that their benefits plan aligns with their business objectives.
Administration Services Only Plans (ASO)
With an ASO plan, employers can fund their employee group benefits in a way that is transparent, straightforward, and flexible. ASO plans usually offer reduced administration fees and allow for customization in plan design. ASO plans are typically administered by a Third Party Administrator.
Learn More: Primed for ASO – This article, published in Benefits Canada Magazine, outlines everything plan sponsors need to know about ASO plans, including a comparison between ASO and traditionally funded group plans, the basics of ASO, and a case study.
Getting Started with The Benefits Trust
Simply contact us for more information about customizing a benefits plan for your business.
We can work with your financial advisor to design and build the most tax-effective plan for you. We can also refer you to one of our trusted benefits advisor partners in your area.