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Plan Redesign and Revision
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As
conditions change, including the
economic and regulatory
environment in which employee
benefit plan sponsors find
themselves, it may become
necessary or desirable to modify
employee benefit programs. The
revision of a plan is often more
involved than its initial
establishment since special
attention must be given to the
rights of participants under the
existing program(s). The impact
of a proposed change on
employees, stockholders,
management, industrial and
public relations, and possible
conflicts between existing plans
must also be considered along
with the employee benefit
philosophy upon which such plans
were first established. BSG Benefits, Inc. will
assist in every phase of
redesigning and revising your
plan. The variety of services
under this section include those
listed above under other
sections. We will also provide
you with information regarding:
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The desirability of
redesigning employee benefit
programs
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The type of programs available
to you and their relative
merits
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The appropriateness and
desirability of the various
programs for your
circumstances
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Developing an optimal design
for you
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The approximate cost of
adopting and maintaining each
benefit program considered
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Notification of changes in
governmental regulations
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Information on current trends
and developments
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Development of customized plan
documentation and disclosure
materials
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