The HR and Benefits Administration market evolves rapidly. Plan sponsors a few years under contract with a provider can easily be out-of-synch with current market standards and opportunities. This is where HagerSourceTM comes in. Our proprietary database tracks provider service offerings, fees, contract terms and performance levels continually, so we can show you exactly how your administrative services stack up against today’s market.
Our Benchmarking Analysis provides the foundation for critical decisions: to re-negotiate a contract, to evaluate other providers, or to change administrative models.
A detailed management report, identifying how the following aspects of your administration model compare to market standards: