Robin Powell is SBA’s newest director. An industry veteran of more than two decades, she runs SBA’s administrative service center and is a regular contributor to Employee Benefit News.
SBA commemorates 20 years of serving large and mid-sized employers’ benefits consulting needs
This month marks SBA’s 20th anniversary. Since 2002, we have helped organizations in every sector of the North American economy navigate their toughest employee benefits challenges while reducing plan expenses and improving efficiency, compliance and the participant experience.
Plan sponsors should prepare for smooth sailing for ‘SECURE Act 2.0’ retirement reform bill
A new retirement reform bill dubbed the ‘SECURE Act 2.0,’ currently under consideration by the House, contains provisions that are likely to affect a majority of retirement plan sponsors. Here’s our rundown.
Strategic Benefits Advisors welcomes Kah-Lee Wong as senior benefits consultant
Kah-Lee Wong, FSA, EA, MAAA, has joined SBA as a senior benefits consultant. She brings over 30 years’ experience leading benefit consulting teams with a focus on DB and H&W plans.
How to tell if you’re paying reasonable fees for actuarial services
As a defined benefit (DB) plan sponsor, it can be difficult to determine whether the fees you are paying for actuarial services are reasonable. Here are some ways to evaluate whether actuarial fees are in line with the services provided.
Strategic Benefits Advisors urges 401(k) plan sponsors to review payroll procedures before year’s end to ensure SECURE Act readiness
Starting January 1, 2021, plan sponsors must begin counting hours for part-time employees who work at least 500 hours a year. Employees who work 500 hours for three consecutive years must be offered the opportunity to participate in their organization’s 401(k) plan beginning in 2024.
Strategic Benefits Advisors makes list of Atlanta’s top employee benefits and compensation companies for second year
For a second consecutive year, Strategic Benefits Advisors has been named to the Atlanta Business Chronicle’s list of the top 20 employee benefits and compensation companies in Atlanta.
To keep pension plan liabilities accurate, get to know participants’ marital status
Confirming marital status when a participant dies is an important part of a plan administrator’s responsibilities, but it takes legwork and personalized attention. Here are some tactics we have used with great success.
New SBA service fills plan sponsors’ need for pandemic-friendly, cost-effective sourcing of third-party benefit service providers
Travel restrictions and budgetary constraints caused by the global coronavirus pandemic have led some plan sponsors to put vendor search projects on hold. SBA’s Arm’s-Length Vendor Search service helps organizations make informed vendor selections and meet their due diligence and fiduciary obligations without having to assess vendors in person.
SBA publishes guidance on which CARES Act provisions require immediate action by health and retirement plan sponsors
Plan sponsors will need to coordinate with healthcare providers immediately to begin complying with the law’s mandatory provisions. While most retirement plan provisions are optional, they are nonetheless time-sensitive and call for coordination with the plan sponsor’s recordkeeper and actuary.