Benefits Administration

A Smarter Approach to Benefit Administration

  • Great benefits without the hassle
    Design and implement any number of benefits plans, including health, retirement, insurance, wellness, and flex options.

  • Embracing changing regulations
    You can adapt quickly, transmit forms seamlessly, and ensure that your employees are properly covered.

  • Benefits on the go
    Allow employees to check benefits plan elections, costs, and credits from any device

  • Eliminate clunky integrations
    Get prebuilt, packaged integrations with various benefits providers

Top Employee Health Plans

From HMOs to PPOs, our brokers work with the top insurance companies to build affordable programs that fortify health benefits and provide exceptional coverage.

  • Major Medical
    Comprehensive health plans for employees and their families at an affordable cost.
  • Comprehensive Dental
    Cost efficient dental plans are becoming more and more desirable as part of a comprehensive compensation plan.
  • Life & Disability
    Planning ahead without getting in over your head. Policies and coverage that buy peace of mind.
  • Paperless Enrollment
    Automate new hire and open enrollment, access policies online, and minimize your workload.

Benefits Administration

Give employees the opportunity to offset medical, dental, prescription, vision and childcare costs with savings from pre-tax dollars.

  • Flexible Spending Programs
    An attractive program for employees with ongoing medical, prescription, or childcare expenses, CPS offers pre-tax options that can save families thousands of dollars each year.
  • Pre-Tax Savings
    A 30% annual savings on health insurance premiums helps employees save on their health insurance costs.
  • Transit Plans
    Your commute could be saving you money. Employees use tax-free dollars to pay for bus, rail, or ferry and any parking near these commuter stations or your workplace.
  • Health Reimbursement Account (HRA)
    Reduce your employees’ out-of-pocket healthcare expenses by offering an HRA that pays for eligible healthcare costs not covered by any other source.

Compliance & Benefits Support

We understand the nuances of compliance and government programs to help you avoid penalties and provide the services needed to offer extended benefits.

  • Affordable Care Act
    Our ACA experts stand ready to provide you with the information and guidance to make sound financial decisions and understand the wider impact of those decisions. And we can help you avoid costly penalties by tracking, integrating and analyzing data across time and labor, payroll, and HR.
  • COBRA
    Ensure that mandated extended benefits policies are provided to employees should their employment status change.
  • ERISA
    CPS provides you and your employees with all required state and federal information pertaining to your health and welfare benefits and keep you in compliance with all aspects of established laws.