CORPORATE SERVICES

Third-Party Administration
Slider

Third-party administration is a service that assists plan sponsors in managing the required day-to-day activities of benefit programs. Our full-time, professional staff is dedicated to handling all aspects of benefit plan administration, from enrolments and terminations to billing and account reconciliation. We administer benefit plans for over 6,000 plan members & 100 clients across Canada.

One of the common needs of all plan sponsors is to satisfy regulatory compliance and to pass governance assessments when they are applied to their benefit programs. That demands rigour and thoroughness in the administration.

The more benefits you offer, the more complicated the administration of those benefits will become. Are you using two or more benefit providers, and getting frustrated with multiple monthly invoices and reporting procedures? The dilemma becomes if you should continue to handle your own benefits administration or should you hire someone else to do it?

Owen & Associates third-party admin

The hallmark of Owen & Associates Administration Services is adaptability. We strive to meet your unique requirements through staff who are continually trained to provide meaningful assistance to plan sponsors and plan members.

What are the advantages of using a third-party to administer the group benefit services for your business?

EASE OF ADMINISTRATION

EASE OF ADMINISTRATION

We strive to make your life less complicated.  Our team will integrate directly with your HRIS or Payroll systems to ensure a smooth flow of data with little effort on your part.  We audit and check every employee to ensure the accuracy of our records. 

EXPERTISE

EXPERTISE

As a small business owner or international HR Specialist, group benefits administration may not be your field, but it is ours. With decades of experience, robust processes, and knowledgeable staff to handle this workload, you can focus on what matters most.

EXPENSE

EXPENSE

For certain benefit plans, like medical insurance for self-employed business owners, the cost of hiring a third-party administrator can be significantly less than using your own workforce.

You must ask yourself:

How involved in the administration process am I or my Human Resources/ Payroll Department?

Can I afford to purchase the software or hardware required to manage the process myself?

Will self-administration take too much of my or other employees’ time?

Are we aware of our responsibilities and potential liabilities as they pertain to the administration of our benefit program?

Is administering your Group Benefit Plan costly and labour intensive?

Are you committing employee resources to this task?

Would that time and expertise better serve your business if allocated elsewhere?

Owen & Associates Administrative Services may be your answer.

third-party icon

Third-Party Administration

You must ask yourself:

  • How involved in the administration process am I or my Human Resources/Payroll Department?

  • Can I afford to purchase the software or hardware required to manage the process myself?

  • Will self-administration take too much of my or other employees’ time?

  • Are we aware of our responsibilities and potential liabilities as they pertain to the administration of our benefit program?

  • Is administering your Group Benefit Plan costly and labour intensive?

  • Are you committing employee resources to this task?

  • Would that time and expertise better serve your business if allocated elsewhere?

Owen & Associates Administrative Services may be your answer.

group benefits icon

Group Benefits

group retirement icon

Group Retirement

international services icon

International Services

Contact Us