The benefits and HR services market is increasingly competitive, so plan sponsors a few years under contract with a provider can easily be out-of-sync 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 services provide the foundation for critical decisions: re-negotiate a contract, evaluate other providers, or change service delivery models.
A detailed management report, identifying how the following aspects of your service delivery model compare to market standards:
Our Benchmarking Analysis helps fulfill your due-diligence obligations and provides the foundation for action when warranted, whether you are re-negotiating an existing contract or going to the market for a thorough provider review.