A leader in custom executive benefits for over 40 years
Proposals from vendors often ignore key criterion that would improve benefit designs and save money.
We design benefit plan solutions for some of the country's best-known companies and their employees. Consequently, we are involved with HR's most current thinking in rewarding and retaining talented employees from the employer's perspective.
Balser Companies is continually seeking better ways to conceive or tailor the "right fit" benefit to its clients. With each company's situation, we expand our library of ideas that serve the large employer client, and provide better designs.
Being nearly limitless in providing administrative solutions has allowed our clients to implement and/or administer the best benefits at the right price, plus our advanced technology allows Balser to design creatively and exceed expectations. We have proven this in insurance plans and retirement /deferral plans time and again.
"It's rewarding for us to see HR benefits professionals realize we can ably provide answers to some of the items on their wish lists, " says Bud Russell, Balser's chief officer and former client, "The light bulb goes off in their heads, because they have suffered through the challenges first-hand, and realize the benefit Balser's redesign to their constituents - their employees and staff".
Our systems allow us to combine the administration of deferred compensation plans for separate sets of executives - or plans that were frozen under one set of rules and reintroduced under another. These savings are significant and annually conserved. Our largest reduction in administrative costs was achieved by combining (only administratively) 27 plans into nine
Similar systems allow Balser to combine different insurance products in plan design for disability plans, so clients can offer an integrated program to their employees - that is, a more meaningful benefit for each level of salary and incentive compensation.
Our consultative approach and confidence in handling custom plans sets us apart