SBA is the objective and experienced resource plan sponsors turn to when they need help evaluating prospective vendors for specialty projects and services such as employee rewards and recognition programs, plan audits, financial wellness initiatives, Medicare exchanges, investment advisory services and even HR projects involving artificial intelligence (AI).
Plan sponsors don’t embark on these kinds of projects every day, so they are often unfamiliar with all the vendor options at their disposal, let alone how to evaluate them. Our team has worked on countless specialty projects over the course of careers that span decades and hundreds of employers, giving us the experience needed to help you find the right partner for any benefits or HR endeavor.
Just as we do with our administrative vendor searches, we begin specialty vendor searches by working hand-in-hand with clients to identify the required service set and key buying criteria. This critical step ensures we select the right vendors for the task at hand and compare apples-to-apples proposals for the same, exact services. We choose vendor candidates with great care and work with each prospective vendor to ensure they are crystal clear about our clients’ needs and are sufficiently thorough in their presentations. Finally, we draw on our firsthand experience to help clients evaluate vendors and navigate fees, service-level agreements (SLAs) and contracts. When the right specialty vendor has been identified, SBA can even help plan sponsors manage implementation of the chosen solution.
This service is available for the following benefit plan types:
| Defined Contribution |
Defined Benefit |
Health & Welfare |
Non-Qualified |
|---|---|---|---|