Total Benefits Administration Suite

Total Benefits Administration Suite, developed by TRI-AD, is a solution designed to streamline and automate the management of employee benefits. This suite caters to mid-sized to large companies that require benefits administration services. According to the vendor, Total Benefits Administration Suite is used by professionals and industries such as Human Resources, Benefits Consultants, Health and Wealth Services, Retirement Plan Administrators, and Financial Management Professionals.

Key Features

Eligibility & Enrollment: According to the vendor, Total Benefits Administration Suite offers a configurable and secure SaaS-based technology platform that provides a personalized e-enrollment experience for employees. It allows for customizable programs to meet the unique needs of employees and provides real-time alerts, educational materials, and decision support tools.

Consumer-Directed Benefit Plans: The vendor states that Total Benefits Administration Suite allows employees to access their benefit plans through a single sign-on web-based technology. This feature provides access to clear information, educational resources, real-time claims reimbursement, full web-based account inquiry, and claims management.

Reimbursement Accounts: Total Benefits Administration Suite offers customizable programs for various reimbursement accounts, including commuter reimbursement, wellness, and lifestyle spending. The vendor provides a user-friendly mobile app for easy account management and claims submission, as well as BenefitSpot™ Account Aggregation for centralized management of multiple accounts.

COBRA: According to the vendor, Total Benefits Administration Suite provides a true end-to-end COBRA solution, handling administration and compliance. It ensures timely participant notifications sent by first-class mail, transmits eligibility to carriers on time, and provides comprehensive communications to participants.

Leave of Absence & Retiree Direct Billing: The vendor states that this feature enables direct billing to employees on leave or retirees to maintain coverage. Total Benefits Administration Suite offers flexible invoicing options, detailed reporting for employers, and participant service center support with comprehensive communications.

401(k)/403(b) - Defined Contribution Plans: Total Benefits Administration Suite offers personalized support with a dedicated client service manager for 401(k)/403(b) plans. It also provides BenefitSpot™ Account Aggregation for centralized management of retirement and other accounts, as well as access to investments and online investment advice.

Defined Benefit: According to the vendor, Total Benefits Administration Suite provides plan design experts with 40 years of experience in managing defined benefit plans. It offers a full range of options, including combo DB/DC plans, frozen DB plans, and terminations. Additionally, it provides actuarial services, customized reporting, and consulting services.

Non-Qualified Deferred Compensation: The vendor states that Total Benefits Administration Suite offers feasibility studies and analysis of plan costs for non-qualified deferred compensation plans. It provides customized solutions for reporting, benefit projections, and modeling, as well as consulting services for federal filings, payout calculations, and participant support.

ESOP: Total Benefits Administration Suite specializes in Employee Stock Ownership Plans (ESOPs) and offers plan design expertise. The vendor provides financial analysis for feasibility studies and plan cost analysis, along with customized solutions for reporting, benefit projections, and modeling.

Indian Tribal Services: According to the vendor, Total Benefits Administration Suite offers specialized services for Indian Tribal organizations. It provides consulting and administrative support for health and wealth benefit plans, compliance expertise, and customized solutions to meet unique needs.