Precision Solutions. Calculable Results!
- Employee Benefits Administration
- Insurance Products
- Expert Level-Self Funding Insurance Solutions- (our specialty)
- ERISA Compliance TEAM
- Life Insurance
- Hard-to- Place Niche Insurance Solutions
- Personal Insurance Solutions for High Net Worth
- Asset Protection
- Retirement Products
- Benchmarking & Compliance
- Employee Recruiting
- Superior Human Capital Management Payroll/HR Technology
- Human Resource Services
- 401k
- HR Compliance
- Risk Management
- Workers Comp
- Cyber
- Property /Casualty
- Liability
- 5500 Filing
- And more.......
Mission Statement
Distinguish yourself from the competition with knowledge, character, wisdom and integrity.
"Customers have options, so we give them a reason to choose us as their partner".
Delivering on time, every time!
Maximizing Your Health Insurance Savings through Comprehensive Solutions.
Our competitor's promise is that they are a large brokerage but will provide a boutique level of customer service, we are a boutique.
With us you have access to unbridled customer service that includes but not limited to:
No call centers.
Before and after business hour availability including weekends for answering critical questions.
Text/Call/Email. Typical response time is either immediate or in most every case within the hour.
Annual Renewal Planning/ Underwriting 120 days out.
Group Medical Underwriting with Private Insurers.
Tools and Proprietary Technology to reduce claims in real-time.
Our company utilizes analytical risk management techniques, coupled with individual group medical underwriting (outside the Big 4 carriers BUCA), to manage the rising costs of health insurance. We don't rely on generic solutions or the BIG 4 carriers. Instead, we rely on independent medical underwriting to create tailor-made solutions.
By partnering with us, you can save both time and money. Our clients have realized tens to hundreds of thousands of dollars in returns from our level-self-funding insurance programs. Our programs are touted as saving employers 30% or more annually by national employee benefit survey companies.
Tenured/ Retail brokerages continuously endorse Single digit renewal offers from the Big 4 Carriers as a great deal. You will never gain control over rising insurance costs in this model and brokers know it!
Our services and solutions are designed to provide better renewal outcomes with state-of-the-art claims data analytics, along with direct employee engagement throughout the year. In addition to assigning dedicated account representatives, we provide superior customer service experiences.
As a value-added service, we offer data-driven solutions to minimize your risks and reduce the likelihood of employee data being compromised. With us, you'll never be caught off-guard by surprises at annual renewals. We manage your insurance solutions with fact-based data. And, you can trust us to enhance your HCM Payroll/HR technology as well.
Compliance & Solutions Corner
"There is no one size fits all when it comes to your business".
Today the catchall phrase we hear is "they provide us a great service," which, although measurable, is not a quantifiable result. Shouldn't you and your team aim for both?
We specialize in visually highlighting missed employee benefit renewal opportunities for employers, some of which may span over a decade. What narrative do your brokerage and carrier histories reveal?
Contact us to arrange a complimentary assessment. We provide assurance to employers that they are safeguarding their employees' incomes; this can enhance an employer’s ability to attract and retain top talent when properly communicated to employees.
We believe your hard-working employees deserve a “Second Opinion" - below is a sample introduction letter that offer employees transparency of your internal decsion making processes.
Here is a sample introduction letter:
Dear Employee,
This year, we carried out a professional accountability review of our longstanding brokerage partner (Retail Name Here). Despite the excellent services they have offered us for many years, we felt it necessary to conduct an impartial forensic assessment of our expenses, carrier track record, employee health risks, and various other factors to ensure we are on the right track......(Contact us for your free consultation)
Our toolkit analysis offers insights into one of the most critical annual decisions for employers: employee health insurance. Our innovative solutions bring a dual benefit to employers. Initially, our private insurance solutions present a refreshing departure from conventional approaches. However, the reality emerges that overlooking these opportunities results in financial losses for both employers and employees.
Offering Innovative Business Solutions to All Clients
Parthenon Employers Service is a boutique business solutions firm that specializes in providing a wide range of consulting and insurance services to its clients. Our approach is unique, as we tailor our methodology to suit the specific needs of each client. Our team consists of top-tier consultants with extensive experience in the industry- we are all previously from large retail firms each with decades of experience. We take pride in delivering quantifiable outcomes and providing tailor-made experiences to all our clients.
Unique Solutions for Unique Challenges
At Parthenon Employers Service, we recognize that each business faces its own unique challenges. We work closely with our clients to develop customized solutions that cater to their specific needs. Whether you require insurance solutions, payroll HR consulting, or business strategy development, our team of experts can help you achieve your goals. Our focus is on delivering the highest level of service and measurable results.
Committed to Long-Term Success
Our team of skilled and experienced professionals is dedicated to helping businesses succeed. We stay up-to-date with the latest trends and best practices in the industry to provide our clients with innovative and effective solutions. Our ultimate goal is to help our clients achieve long-term success, and we take pride in having established a reputation for delivering outstanding results. We are committed to building long-term relationships with our clients and being their trusted partner, regardless of the size of their business.
Expert ERISA Compliance Services
Our back-office ERISA Compliance team established in 1992, specialize in providing top-notch ERISA compliance services.
We offer a wide range of services that include:
- Annual 5500 preparations and filings,
- Missed filings, corrections,
- DFVCP,
- DOL Audits,
- MEWA & M1 Compliance,
- Non-Discrimination Testing,
- PCORI Compliance,
- POP Premium Only Plan Documents,
- Wrap Plan Forms/SPD.
Your compliance is a top our top priority. We will mitigate your risk and ensure our team of experts stand the test of time for any DOL audits.
Many firms/employers utilize downloaded templates or wrap documents from enrollment technology platforms, not us! We take your compliance far too seriously and understand the high stakes involved. Penalties can range from $4,540 to almost $9 million in extreme cases.
ERISA compliance is a complex, time-consuming, and costly process. However, our team of experts is here to guide you every step of the way, and we cover all costs for our clients. Let us help you ensure your compliance is done right. Schedule an introduction with us today.
Our partners and our team work on your behalf all year round!
At our core, we believe that collaboration is key to success. Our partners work closely with our clients, ensuring that their needs and goals are fully understood and that our solutions are tailored to meet their unique requirements. We take a client-centric approach to everything we do, and our partners are fully committed to providing exceptional service and support every step of the way.
With our team of established partners, we are able to offer a level of expertise and knowledge that is unmatched in the industry. We take pride in the fact that we can provide cost-effective solutions to our clients that are tailored to their specific needs. Whether you are a small business owner or a large corporation, we have the resources and expertise to help streamline systems and processes, save time and money and achieve your goals.
We believe that our success is directly tied to the success of our clients, and that is why we are so passionate about what we do. Our partners are committed to delivering the highest level of service and support, and we are constantly striving to improve our processes and techniques to ensure that we are always at the forefront of industry trends and advancements.
In short, if you are looking for a team of partners with the expertise you need to achieve your business goals, look no further than us. We are dedicated to providing our clients with the best possible service, and we are confident that we can help you achieve success in everything you do.
Methodology
Established Partners with the Expertise You Need!
We pride ourselves on using exclusive tools and techniques, including internal Q&A discussions, surveys tools evaluations to identify areas for improvement. Our strategic partners have a proven track record, with some having over 30 years of experience, many holding advanced degrees, and all having received specialized industry-specific training.
Our partners are carefully selected based on their expertise in their respective fields, which allows us to offer a wide range of services to our clients. From IT solutions, risk management, retirement to employee health insurance benefit strategies, we have the knowledge and resources to help businesses of all sizes achieve their goals. Our partners are not only experts in their fields, but they are also committed to staying up-to-date with the latest industry trends and advancements. This ensures that our clients receive the most innovative and effective solutions possible. We believe that our partnerships are key to our success, and we are proud to work with the best in the business.
Exemplary Boutique Concierge Services
Every employer deserves a plan that fits its needs and budget. We ask the important questions to find out what benefits are important to your company today and well into your future. We work with employers of all sizes; our technology can handle thousands of employees. Plus, we offer you a dedicated account representative and a licensed agent that knows your account personally! No Call centers!
Tailored Benefit Plans for Every Employer
We believe that every employer is unique and deserves a benefit plan that is custom fit to their needs and budget. Our team will ask the important questions to determine which benefits are important to you, both now and in the future. Whether you are a small company or have thousands of employees, our technology can handle it all. You will also be assigned a dedicated account representative and licensed agent who will personally get to know your account – no call centers involved!
Our team understands that employee benefits can be a complex and overwhelming part of running a business. That's why we're here to help simplify the process and make it easy for you to provide your employees with the coverage they need. With our tailored benefit plans, you can rest assured that your employees are receiving the best possible care, which will lead to increased job satisfaction and retention rates.
We offer a wide range of benefit options, including health insurance, dental and vision coverage, life insurance, disability insurance, and more. Our team will work with you to determine which benefits make the most sense for your business and your employees. We will also help you navigate the compliance requirements and regulations that come with offering employee benefits.
At our company, we pride ourselves on our exceptional customer service. When you work with us, you will have a dedicated account representative/s who will be available to answer any questions you may have and provide ongoing support. You will also have access to our licensed agents who can help you with any insurance-related issues.
In short, our tailored benefit plans are designed to make life easier for employers and employees alike. We believe that every business deserves access to high-quality benefits, and we're committed to making that a reality for our clients. Contact us today to learn more about how we can help you create a benefit plan that is individually underwritten to your specific groups medical risk. The Big 4 carriers are a high-risk pool; and profits are at an all-time high this is why so many employers are overpaying for health insurance year after year. We solve this mess!
Benefit Design, Compliance & State of the Art Technology
Risk & Retirement
EMPLOYEE BENEFITS DESIGN
Effectively Managing Healthcare Costs with a Focused Approach
- As your brokerage we are committed to controlling your healthcare and insurance costs. It is essential for employers to adopt a highly targeted, outcome-driven, and persistent approach to measure and mitigate the prominent clinical risks within their covered population. The Big 4 carriers limit access to claims data; our programs offer real time claims data analytics; independent underwriting, and concierge customer service that is employee focused all year long allowing us to manage claim costs and make performance suggestions.
- Research shows that High-Performing companies are significantly more thorough than their lower-performing counterparts in developing and documenting their benefit plan strategies, philosophy, and objectives. As your brokerage, we are driven to improve your outcomes, bottom line, and provide greater transparency.
- High-Performing companies rely on hard data and clearly defined metrics to inform their decision-making and action plans, this is how we distinguish ourselves apart from other retail broking firms. While we understand and respect broker loyalty, many employers overlook critical thinking and evaluation processes that longtime partnerships tend to foster. We don't leave anything to chance or speculation when it comes to your business, and neither should you. Our accountability to you is our first priority. At Parthenon, we are driven by our rigorous integrity.
REGULATORY COMPLIANCE
- Employers must operate within the confines of a heavily regulated employee benefits environment. This includes dealing with a myriad of:
- Complex laws and regulations.
- ERISA
- COBRA
- FMLA
- HIPAA
- ADEA
- MHPA
- Section 125
- Employee Handbooks
- NMHPA
- Staff Attorney
OUR TECHNOLOGY PUTS YOU IN CHARGE!
- Our Supercharged Payroll & Integrated Employee Benefits Enrollment Technology, and HR Platform communicate "bi-directionally".
- No more redundant entries! No more trying to recall which aspects of your database have already been touched!
- Imagine, updating all information with one single entry. We put you in control.
Bookkeeping Services
- Bookkeeping Services- inquire with us to learn more about our special partnership with My PAPERPUSHER. Redefining, how you manage your time, so you can focus on running your business!
Human Resource Services
- We understand both small and large companies today do not have large HR Budgets and as a result, are often overworked and understaffed. Our proven systems, processes, tools, and technology provide strategic support helping you ease your administrative functions saving you time and money- (See My Benefit Partners tab at the top to learn more...........) We can work with any size client!