Benefits Administration
iCON simplifies employee benefits administration through automation while virtually eliminating the chance of manual errors and lowering operating costs. Our Benefits Administration solution eliminates redundant information entry and streamlines the new employee enrollment process, while facilitating benefit plan changes that occur throughout the year and annual open enrollment periods. Future effective dates are monitored within the application, and the time consuming process of managing payroll deductions goes away.
iCON Benefits Administration simplifies workflow processes through Unicorn HRO’s employee self-service portal. Employees have a single place to manage all of their payroll and human resources information, including enrolling in benefits.
Key Features & Benefits:
- ACA Compliance, includes 1094-C and 1095-C preparation and filing
- Online Benefit Enrollment
- Automated method to capture and track employee benefit elections at open enrollment and throughout the plan year
- Automate payroll deduction management
- System administrators receive notifications of all adds/terms/changes to ensure a complete audit trail
- Real time census reports
- Preset future payroll deduction calculations to automatically update based upon benefit effective date
- Connectivity with Carriers
- FSA/HSA/HRA Administration
- COBRA Administration
- Retirement Plan Services
- Total Compensation Statements
- Voluntary Benefits Options
