Orlando, FL based Fiduciaries, Financial Advisors and Insurance Agents working exclusively with Business Owners and their employees. As Fiduciaries, we have partnered Nationally with Best in class organizations to offer our clients a level of Independent unbiased research, planning and support that can’t be matched by smaller firms.
In addition to our national partners are local partners play in equal role to the success of our clients. Local attorneys in Estate, Property, ERISA and other matters combined with the most informed forward thinking Certified Public Accountants.
"We only work with businesses lines of Insurance because we continually see corporations needs not being met and therefore individual employee's not having adequate coverage. Running a corporation with employees comes with Additional considerations - Taxes, Corporate Structures, Trusts, DOL Regulations, ERISA and Qualified Plans. All benefits must be working together to create an effective and compliant compensation and benefits package."
Level-funded also called Partially Self-Funded has been getting a lot of attention the past few years as most employers are seeing an average of a 20% reduction in premium costs.
These plans provide an attractive and innovative alternative to traditional health insurance solutions. The industries improved version at self-funding, level funded plans employers can budget for small, predictable claims-and use stop loss protection to protect their business from unpredictable catastrophic claims. This allows both the cost reduction in premiums, access to excess claims fund (if any) while adding the stop-loss on downside protection if claims are exceeded. Level-Funded can be practical and cost effective for groups with as few as 10 participating employees.
Reduced Fixed Costs – All health insurance plans have administrative costs associated with the payment of claims. A partially self-funded plan typically saves 20% on administrative costs over a traditional health insurance plan.
Improve Cash Flow – Unlike traditional plans where you pay a premium that funds claims if and when they occur, claims under a partially self-funded plan are paid only when they occur. Rather than paying a set amount to an insurance company every month, you keep and earn interest on your money and only pay for actual claims submitted.
Customize Plan Flexibility – With a partially self-funding health plan, you have limitless options for designing the best possible plan for your business. Co-pays, coinsurance, deductibles, covered benefits, and excluded benefits can all be tailored to meet the needs of your employees with limited risk.
Claim Utilization Report –
Claim utilization reports identify claim trends specific to your group and allow you to better manage and control the costs of your benefit plan to budget effectively. limited risk.
|SERVICES||RETIREMENT PLANS AND SERVICES|
|Annual reports to the employer||IRA’s|
|Signature-ready and electronic 5500 filing||SEP’s|
|Plan document preparation and maintenance||SIMPLE Plans|
|Loans, hardships, terminations, RMDs, QDROs||Defined Benefits Palns|
|Defined Contribution Palns, including 401 (k) s|
Our staff of dedicated professionals specializes in providing retirement plan products, support services and consulting to organizations across the nation. The plan sponsor and advisor can choose from a platform of plan investment and/or plan administration services and select the ones that best meet their needs.
Instead of re-creating the wheel, use our resources for:
By partnering with Local attorney’s and CPA’s we make sure to consider and collaborate to develop a comprehensive tax, legal and Investment strategy.
Implementing and Amending corporate 401(k)’s. Often combining plans with Private Pensions for additional tax deferral.
Private Pensions or Defined benefit plans allow business owners Personal tax deferral beyond what they could achieve by other methods- often $250k or more of annual tax deferral. Pensions are usually designed with the owner’s personal tax in mind while all allowing for some employee benefits.
Proper Insurance Planning can allow Executives and Owners Tax Deferred Compensation with Index Universal Life. Further planning like Premium Financing, Split Dollar Agreements can accelerate wealth accumulation.
With our relationships with LifeMark and Duncan Advisor Group, we have access to Best-in-Class insurance carriers. With a full research team and advanced case design clients can be assured they’re receiving the highest and best use of their Insurance premiums. For employees we offer all state group health insurance plan to be sure you have the lowest premium. This includes Level Funded options you likely haven’t seen!