Administration
Important News From R.D. Drenkow & Co. Inc.

Benefits AdministrationTo access the NEW employee Cafeteria Quick Enrollment Guide - click here

For a complete list of the Take Care Plan partners - click here

"Consumer Driven Healthcare accounts are expected to quadruple by 2012."  Click here for the full article called "The Future of Flex."

The Vanguard New Employee Enrollment Guide - click here



How We Do It

We take pride in making tax-advantage benefit programs affordable for businesses of any size. We do not use one-year "introductory fees"; instead, a one-time set up fee is required for all new plans or a one-time takeover fee for all existing plans. This covers all documentation, employee meetings, installation, and staff training. A base fee and per-participant administration fee is charged. Administration is participant-driven and participant fees reflect the actual amount of work performed. All fees are clearly stated in our engagement letter and nothing will be billed until the engagement letter is signed.

Our staff has years of experience in administration, accounting and compliance matters.  We will help your company establish a Cafeteria Benefit Plan, Health Savings Account, Health Reimbursement Account and Qualified Retirement Plans, including Cross-Tested, ESOP and 401(k)'s.

  

  Online Cafeteria Account Information

    Employees online account access.

    Employers online account access.
    Employee Instructions to set up & access your account

   Employer debit card activation instructions

What We Do
It may be more important for you to first understand what we do not do. We do not sell insurance or investments and do not receive or accept commissions. Furthermore, the company is not owned by an investment company and stays free of any conflicts of interest by not accepting or receiving any incentives from investment companies. As an independent third party administrator, we provide all the services necessary for tax-favored employee benefit programs:
  • RD Drenkow - What we doTrust accounting
  • IRS reporting
  • Consulting
  • Documentation
  • Compliance Testing
  • Claims/distributions processing
  • Employee Statements

From design of the plan, to employee communication, to completing the required reports…we do it all.

Benefit Plan Calculator