Strategic Benefits Advisors, Inc.

When #403b regulations changed for the first time in 40 years, a public university system found itself struggling to comply. Over the decades, it had amassed 78 separate investment vendors across its 36 colleges — making effective #vendormanagement practically impossible. SBA saved the day, transforming an uncontrolled system into a streamlined one with fewer vendors, lower participant investment fees, greater oversight and appropriate #compliance controls. Read the full story: https://lnkd.in/eKbBesJz

After a series of insurmountable cost and #benefitsadministration challenges, a natural gas provider tapped SBA to help it adopt a #healthexchange approach for Pre-65 and Post-65 participants. Get the scoop on how SBA was able to match the gas provider with an exchange that provided #retirees with more choice and robust support service. https://lnkd.in/e6VJrX-T

IBM made headlines when it announced the return of its pension early this year. While many have since speculated about the return of defined benefit plans, Mindy Zatto, FSA, EA, FCA, MAAA, MSPPA cautions that a comeback may be easier said than done. Economic factors and cultural shifts emphasizing financial flexibility present major hurdles to a shift back to DB plans — but hybrid plans could provide a path forward. Learn more in the full article: https://lnkd.in/eSVZgVZb   #employeebenefits #retirementplanning #pension #definedbenefit #benefits #humanresourcesmangement Employee Benefit News

Everyone loves a good sequel. When IBM announced the return of its pension in early 2024, many wondered if defined benefit plans might be making a comeback. But what would it REALLY take for pensions to return to their former relevancy? Our founding principal Mindy Zatto, FSA, EA, FCA, MAAA, MSPPA takes on this topic in her latest article for Employee Benefit News: https://lnkd.in/eSVZgVZb   #employeebenefits #retirementplanning #pension #definedbenefit #benefits #humanresourcesmangement  

From #payroll deduction errors to improperly amortized repayment schedules on #401k loans, a global electronics manufacturer was having a variety of service delivery problems within its #definedcontribution services. With two years left on its DC vendor contract, SBA was brought on board. Read on for how SBA was able to repair the client-vendor relationship and improve performance for the remainder of the contract. https://lnkd.in/e5cQWKQz #vendormanagement

Mindy Zatto, CEO and founding principal of Strategic Benefits Advisors, Inc., shares what needs to happen to bring pensions back. #retirement #pensions https://bit.ly/4cI8KEh

With only four staff members managing #retirementplans for more than 100,000 employees, a Fortune 100 manufacturing firm engaged SBA to bring ongoing oversight to its #benefits processes. Read the story of how SBA was able to help the firm manage plans proactively rather than reactively, reduce the frequency of plan errors and create a better participant experience. https://lnkd.in/eEvtj66S #definedbenefits #definedcontribution

When it came time to digitize its participant #pension files, a large energy company ran into trouble. Many files were either missing or contained conflicting pension calculation details. See how SBA was able to get this Fortune 500 company's hard-copy pension files in order so they could be stored and managed electronically. https://lnkd.in/ey5sMiAp

A public transit system serving millions faced an uphill battle with its #pension administrator, with mistakes, unresponsive service, and delayed payments frustrating participants and trustees. See how SBA saved the day with rigorous data management protocols, a knowledgeable call center staff, and regular seminars with plan participants. https://lnkd.in/epsAAW-r #retirementplans #definedbenefit #benefitsadministration

A manufacturing company was ready to terminate its three #pension plans, but it didn't know where to start. Read the story of how SBA assessed the plan sponsor's termination readiness and developed a plan to make termination possible. #definedbenefits #HRstrategy https://lnkd.in/eZwWuHXh