TIC International Corporation

Description

TIC International Corporation provides consulting and third party administration services for multiemployer health care, defined benefit pension, and defined contribution/401(k) plans. It offers health care administration services, including collecting and processing various plan data; determining participant eligibility for benefits; calculating amounts of health care reimbursements; printing and mailing benefit checks; explaining plan benefits and claim filing procedures to participants; preparing monthly, quarterly, and annual financial reports; implementing various COBRA plan provisions; and keeping various files, documents, minutes of meetings, correspondence, insurance forms, and government filings. The company also provides pension administration services, including collecting, storing, and processing plan data; and preparing employee pension statements. In addition, it offers consulting services, including drafting plan documents for attorney review; establishing administrative systems and procedures; reporting on plan operations, including claim experience and reserve requirements, and current and future financial soundness; rendering advice on legislation and regulations; preparing government filings; and designing communication material for participants. Further, the company provides computer services for the administration of employee benefit plans; calculating benefits and adjusting claims; performing central receiving agency services; providing payroll audit support; research services; and payroll audit services for benefit funds. Furthermore, it offers benefit services, including apprenticeship, vacation plans, industry advancement plans, dues programs, and political action committees. The company was founded in 1951 and is based in Carmel, Indiana with additional offices in Lansing and Bingham Farms, Michigan; Overland Park, Kansas; and Carmel and Carmel, Indiana.

Tags:

-