When comparing the cost of an employee benefit plan it is good to look at the annual cost per employee for singles and families. Employee family costs range between $3,000 and $6,000 dollars per year. Single employee costs can be as low as $1,500 per year.
There are multiple factors that impact the premium you pay for employee benefits:
FCA provides employee benefits to companies ranging from one, to one hundred to thousands of employees. In general, a traditional benefit plan can be arranged for companies with two employees or more. Two employee companies can consist of the owner and another employee. As the number of people you employ increases, so will the options available for you to offer in your benefit plan.
For companies with only one employee there are specialty programs available that FCA can also arrange.
FCA simplifies the process of arranging a benefit plan. From the initial conversation, through a market study, to the implementation of a new program and the ongoing management, we are always here to assist you. Here is a brief overview of the process:
The above process takes approximately 14 business days to complete.
We recommend having between four and six weeks from the date you decide to move forward to the effective date of your new benefit plan. Some plans can be implemented faster but this time frame provides a seamless transition for your company, employees and the insurance company providing the benefits.
The most common paperwork required to implement your plan is as follows:
Yes, FCA offers all types of benefits plans ensuring your insurance program meets your current and future objectives.
These are the most common types of Employee Benefit plans offered:
FCA strives to maintain current and contemporary solutions for clients including options for HRIS for your company.
Todd has been a great partner in navigating difficult benefits claims, and in working with our benefits provider to resolve time sensitive questions or issues. As the HR Specialist at StoreForce, I have valued the knowledge and expertise Todd provides, as it helps me better serve StoreForce employees. Todd has travelled to our office to provide benefit plan refresher presentations, and often reaches out to check-in and ensure StoreForce is happy with the services we receive. When needed, Todd researches and provides options to StoreForce that suits the current needs of the organization. We are happy with the level of service provided by Todd and the team at FCA Insurance Brokers.
Exceptional client service from FCA. Was able to assist us with a unique issue and was always very responsive.
FCA covers us for all our business requirements, from equipment to liability, property, builds, benefits and everything in-between. ~ Yellow Bean