At Broad Reach Benefits we focus on employers that have between 30 and 500 benefit eligible employees. If you're like most employers in that size group your benefit costs are increasing by double-digits, the organization you've entrusted to manage your benefits isn't providing you with the metrics needed to properly manage your benefit plans from year to year, Health Care Reform is a blur, you're understaffed and your HR people can never get ahead because they are always dealing with the daily administration of your employee benefits. Increasing employee benefits costs are merely the symptom. Simply shopping the market each year is not going to address the underlying issues that are specific to your employee population and driving your increasing costs. Unfortunately, shopping the market is the only thing the vast majority of benefits brokers, payroll companies and these new "technology" companies do when they handle your companies employees benefits. We're employee benefit specialists, not a big box brokerage firm or payroll company with a sales force peddling policies. Instead of just shopping the market and providing you with a spreadsheet of options we analyze your plans using underwriting, actuarial analysis and data mining to understand what is driving increased costs within your population. Armed with this knowledge we'll provide you with a solutions-based approach that controls costs, lowers the trajectory of future rate increases, mitigates risk to your organization, enhances and supports your management and human resource team and provides for the needs of your employees and their families. You'll see reduced expenses and a streamlined employee benefits process that allows you to focus on other strategic issues instead of compliance and employee benefits.
We are committed to meeting and solving our clients' employee benefit plan needs with integrity and professional, personalized service. We strive to create a challenging and rewarding environment for our employees and maintain a competitive position within our industry.
We are a full-service benefit consulting and administration firm. We offer services to our valued clients in the following areas:
Actuarial - Retirement plan valuations, non-qualified plans, post-retirement medical/life plans. Retirement plan design and consulting.
Flexible Benefits - design, communciation and administration of flex plans. Flex-debit cards. Coordinate with HSAs / HRAs.
Defined Contribution Plan Recordkeeping - From fund selection to daily trading, we offer a full range of defined contribution plan administration services.
Communication - Personalized benefit statements to help employees understand the breadth and depth of the entire benefit package.
Enrollment - professional enrollment counselors to personally meet with employees to communicate the employee benefit package. Personalized enrollment forms, investment education materials, customized communication materials.
Executive Compensation - Many times the 'right' incentive compensation and benefits cannot be maintained for your executive team through traditional non-discriminatory qualified plans. We offer consulting services to assist you in developing innovative benefits and compensation plans for your key executives.
Studies, plan design, installation and on-going administration in all types of executive compensation and benefit plans.
Corporate Plan Management (CPM) is an independent company that was incorporated in 1990 by individuals with different insurance and business backgrounds. CPM was purchased by new owners in 2016.
The CPM Management team has been with the company for more than ten years. Their various backgrounds, personalities, and experiences make this a diverse group that is prepared to handle day-to-day business as well as unusual situations as they may occur.
The CPM claims staff is a well trained, experienced group that understands the importance of service. Their experiences in paying medical, dental, and disability claims comes from fully insured carriers and other third party administrators. You and your employees can visit personally with your claims processor if you have questions.
CPM utilizes an industry specific software that speeds the claims paying process and helps track individual information for all covered persons. The software combined with claims processor experience helps ensure that all claims are paid quickly and correctly.