EMPLOYEE BENEFITS

Employee Benefits

Recruit and Retain Top Talent: Staying Competitive with Employee Benefits

Kelley Insurance & Financial has been delivering quality Employee Benefits to businesses in the DC Metro Area for many years! We have seen a lot of changes in the way Employee Benefit programs work, and the technology used to deliver, implement, enroll, and administer these plans. Along with changes such as the way the Affordable Care Act (ACA) has impacted employer-sponsored health plans.

Kelley Insurance is Committed to Our Clients

We are independent Brokers working for our clients, not insurance companies. Therefore we first take the time to listen to what you would like to accomplish and then present options for consideration from all the major insurance carriers. Then we back up the products we implement with the service and support needed to properly administer the plans. In an increasingly complex environment with so many government rules and regulations, it is imperative that you Partner with a strong organization that is offering not only benefit plans but compliance services and guidance. Please review our HR Support tab to read more information regarding the HR Support services we provide for our clients free of charge.

We offer the following lines of group benefit plans:

Retirement Plans
Basic and Excess Life and AD&D Insurance
Health Insurance Plans
HRA/HSA Health Plans
Dental Plans
Vision Plans
Short and Long Term Disability
Section 125 plans such as Flexible Spending Accounts (FSA), Pre-Tax Premium Plan Only (POP Plans), Dependent Care, and Commuter/Transit Plans
Group Long Term Care
Voluntary Benefit Plans
Non-Qualified Deferred Compensation
Executive Carve Out’s and Perks

Call us for a Free Benefits Review

We invite you to contact us for a no-obligation Benefits Review and Compliance check-up. We will let you know if there are any savings available to your organization and if there are any compliance concerns.

Stay Competitive and Stay Compliant

HR Support has always been a main focus for Kelley Insurance & Financial – even before it became a popular thing to do! We have known for a long time that anyone can sell you a benefit plan, however, who is going to service, support, administer, and keep the plans compliant? In an increasingly complex environment with so many rules and regulations to follow, it is imperative that you Partner with a strong organization that is offering compliance services and guidance. We offer the right tools and services to keep you compliant with the Department of Labor, ERISA, COBRA, Affordable Care Act (ACA), etc. We have partnered with Zywave in order to provide our clients access to state-of-the-art HR support, resources, and solutions. We provide this support to our clients at no charge.

We support the following administrative needs.

Building your Company’s Employee Handbook.
Provide required ERISA, DOL, HIPAA, and ACA Employee Benefit notices.
Provide COBRA Notices.
Mandatory posters for State and Federal compliance.
Tutorial videos in order to answer your questions and support your HR needs.
Monthly Newsletter with alerts and timely information to assist your HR efforts.
Wrap Summary Plan Descriptions (SPDs) of all your ERISA-compliant plans.
Summary Benefit Comparisons (SBC).

And much much more!

Give us a call

Call our office today for a no-obligation review of your organization’s Benefit plans, HR policies, and procedures to be sure you have the best value and are in compliance. See how our processes and expertise can work for you and your organization.

We can arrange a demo of the Zywave employer portal so you can see this powerful tool in action.

We contract with the top carriers and design our plans around you

As independent Brokers, we have relationships with all the right companies to be certain your company is getting the most cost-effective plan with the highest benefit level possible for your hard-earned premium dollars. So please call our office today in order to get a review of your current benefit plans and pricing. But also to review your HR Policies, Procedures, and compliance processes. There is no cost or obligation for the review, so you have nothing to lose and only peace of mind to gain.

Executive Compensation Plans

Taking care of Business means taking care of the Employees that make your company or organization a success! The success of your business may very well rest on the unique skills and abilities of a core group of ‘Key Employees’ who would be very difficult to replace. What would happen to your business if one of your top-performing executives left today? Would your business continue to run smoothly, or would projects be stalled, customers lost, and productivity reduced? Most importantly, how would this loss affect the bottom line of your business?

Reward Key Executives with Non-Qualified Plans

Non-Qualified Benefit plans can help retain and reward top executives by enhancing their benefits above and beyond what is provided by the company to other employees. Studies show that topnotch executives and talent prefer these types of programs over just another salary increase. These plans have much more appeal, as they provide a meaningful and needed benefit. Instead of another pay raise that is consumed with an increased standard of living, or another vacation!

Consider the benefits package you currently offer. How does it measure up when compared to other companies in the same business? Does your plan provide attractive retirement, life insurance, and disability benefits? Now, consider the priorities and needs of your top executives and those you’d like to attract. Like most people, they probably have concerns about economic changes and how they’ll be affected in the years ahead. And they probably share the worries of most people when it comes to financial security. When your executives are secure in their financial well-being, they’ll focus more on your business and less on financial worries.

Unlike most benefit plans, Non-Qualified employee benefit plans can be SELECTIVE regarding who is covered by the plan. These plans offer a business additional means of providing retirement, life, and disability insurance benefits over and above what is provided by the company’s standard benefit plans.

The following Non-Qualified plans are examples of what is available:

Executive Bonus Arrangements for Life Insurance
Disability Sick Pay Plans and Income Protection
Long Term Care Plans
Deferred Compensation Plans

In today’s competitive market, smaller companies are finding that ‘Non-Qualified’ plans can be customized to address the specific needs they have for long-term success. However, careful consideration must be given when designing a non-qualified employee benefit plan, as there are tax considerations and other criteria to consider.

Kelley Insurance & Financial has the knowledge and expertise to design and implement a Non-Qualified Executive Compensation plan for your company. Make an investment in your business that pays dividends for years to come increasing your bottom-line profitability. We have relationships with top Metro area law firms that specialize in preparing any necessary legal documents such as Deferred Compensation or Salary Continuation Agreements. Call our office today or click on the quote request link on the left toolbar to obtain a quote.