Business Financial Services

Employer-sponsored benefit and insurance programs are an important component of an organization’s ability to attract and retain talented individuals. Sifting through these products and concepts to gain an adequate understanding of each requires significant amounts of time,  resources and knowledge.

Our access to the marketplace and comprehensive provider research and analysis can help you narrow the field and identify a plan that’s right for you. In addition to offering years of experience, we have developed numerous organizational tools and product differentiation models designed to help simplify the process and save you valuable time and money.

As an independent financial services network, we provide objectivity, expert advice and custom services to help accomplish your benefit and insurance objectives.

With a sea of choices available, the task of identifying and selecting a benefit and/or insurance program can be a very time consuming and tedious process. We are committed to making the process a much simpler one for our clients.

Group Insurance Products

Whether you’re starting a new benefit program or enhancing an existing one, Group Insurance and related Benefit Plans are critical components of your total compensation program. 
At R. J. Welsch & Associates, we help prioritize your objectives, provide a framework to monitor your progress and organize critical components of your plans to evaluate the costs and benefits on an ongoing basis.  

In addition, we have developed organizational tools to summarize the key components of each benefit in your plan for comparison shopping and renewal analysis.  In addition, because we are independent, we are able to represent any of the major insurance providers in the industry.

Products and Services:

Group Health Insurance 
Group Dental 
Group Vision 
Group Life Insurance 
Group Short & Long Term Disability 
Full Flex Cafeteria Plans/Section 125 
Health Savings Accounts (HSA's) 
Voluntary Benefit Plans 
Multiple Funding Strategies (Fully Insured, Partially Self-Funded, Self-Funded) 
Long Term Care
Medicare

Owner / Executive Plans

There are many circumstances whereby an employer wants to provide benefits to owners and executives on a selective basis. Most Group Benefit Plans however, have participation requirements, compliance issues and anti-discriminatory constraints. Offering special compensation to reward top talent and key players is an important means of protecting your human assets. For this reason, we have developed several Owner/Executive Plans to supplement your standard benefit programs and target those most responsible for the success of your operation.

Common Owner/Executive Plans:

Key Man Insurance
Deferred Compensation Plans 
Executive Compensation Plan 
Salary Continuation 
Employee Bonus Plans 
Split Dollar Agreements 
Buy/Sell Agreements 
Golden Parachute 
Business Continuation Planning

Retirement Plans

At R. J. Welsch & Associates, we specialize in a total solutions approach to the employer-sponsored retirement plan marketplace. Our approach begins with plan design to help ensure your plan document maximizes benefits while maintaining optimum flexibility.

Our provider analysis entails extensive research of existing administrative and investment providers and because our Broker/Dealer is independent with no proprietary products, our provider selection process is completely objective. Plan implementation, employee education and proactive communications are all critical parts of a successful program and are fully supported by our organization.

Our Process:

  • The process begins with needs analysis, plan design and process consultation. We will organize and summarize the key components (Fees and Features) of your existing plan (if applicable) in a format to allow for easy on-going review and maintenance.
  • We identify the appropriate product based on your needs and complete a comprehensive provider analysis.
  • Product and service alternatives are introduced, discussed and selected. You have an opportunity to evaluate additional provider representatives.
  • Employee communication and education, compliance issues, fiduciary liability, administration and plan transfer details are discussed.
  • A plan and process implementation strategy is created.
  • Your final plan is updated into one of our simple and effective organizational tools for future plan maintenance and monitoring plan performance.
     

Our Products:

401k Plans 
Profit Sharing Plans 
Defined Benefit Plans 
Third Party Administation 
Bundled & Unbundled Products 
SIMPLE Plans 
SEP Plans