Admin America Offers Online Enrollment
for Section 125 Plans
ROSWELL, GA., December 9, 2001 --- Danny Tompkins, CEO and President of Admin America announced today that
the company has expanded its services to include online enrollment for
flexible benefit plans including Section 125 plans. The company is the
first independent third party plan administrator in Georgia to offer this
service. Admin America serves as an independent third party administrator
of flexible benefit plans and Section 125 plans for small and medium
employers in the Southeast.
According to Tompkins, Fortune 500
companies that have implemented internal online enrollment systems for
employees were able to reduce administrative costs and create substantial
savings. Large companies like IBM who have more than 100,000 participating
employees have each saved approximately $1 million in a plan year.
"This capability is now available for the small to medium size
business owner. While the savings may not be as large, they certainly have
contributed to the bottom line of our clients," said Tompkins.
Employees of participating Admin America’s
clients are able to enroll online over the Internet or by telephone using
the company’s Interactive Voice Response system (IVR). The online,
interactive system benefits both the employee and the employer. Employees
are able to monitor their flexible spending accounts 24X7 regardless of
their location. The employer is able to offer this valuable benefit
without having to incur the high administrative costs of staffing an HR
department call center. According to Tompkins, "Most small business
owners aren’t aware that these services can be outsourced. Flexible
benefit plans coupled with online enrollment presents a new opportunity
for small businesses to offer a valuable employee benefit while
contributing to the positive cash flow of the business. From the employer’s
standpoint, online enrollment facilitates the process for employees and
reduces the company’s overall expense of administering the plan. It
enhances a great strategic business tool while providing incredible value
for employers who offer these plans."
Admin America is a fee based, nation-wide,
independent Third Party Administrator of flexible benefit plans including
Section 125 plans for medium and small employers throughout the country.
The company was founded in 1998 and is located in Roswell, GA. Please
visit the company’s web site at www.adminamerica.com
for more information.
Contacts:
Danny Tompkins, Admin America,
Phone: 770.992.5959 X-3, danny@adminamerica.com
Mark A. Weiss, The Renaissance
Communications Group, 770.998.4769, maweiss@rencomm.com
