Employee benefit plans can be the single most important function of employee retention, satisfaction and morale. However, managing multiple plans in multiple locations, controlling individual employee deductions and employer costs, and initiating electronic files and payments to third-party vendors can be a taxing experience.
With that in mind, ECI's Empower suite has been developed to streamline the entire benefit management process. From online open enrollments using digital signatures to integrated COBRA management, no other system is quite as comprehensive as Empower.
- Global deduction management
- Client-specific eligibility rules
- Job-specific benefit groups
- Dependent and beneficiary tracking
- On-line benefit enrollment
- Cost banding to automate even age-rated life insurance plans
- GTL calculations for imputed income
- Custom third-party interfacing and payment services with "wrap back" capability
- Total compensation statements that include employer portions
- Plan document attached to each benefit description
- Pre-calculated employer matching
- Census and other ERISA tracking and reporting
- Third-party check generation
- Access to approved information through self-service
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