U.S. Retirement Partners Establishes an Employee Benefits Division
U.S. Employee Benefits Services Group
Iselin, NJ, November 1, 2011—U.S. Retirement Partners (USRP) announced today that it has established a separate employee benefits division, U.S. Employee Benefits Group (USEBSG), which will be part of USRP’s national network of benefits and retirement plan providers serving the Public Employer market.
Through the acquisition of numerous independent firms providing employee benefits plans and assistance to Public Employers, U.S. Retirement Partners serves over 400,000 individual clients across the United States. These benefits services are complementary to the retirement planning services that USRP provides, and bring significant cost-savings to the Public Employers it serves. These offerings include benefit plan design and administration, online benefits enrollment, Section 125 plan administration, voluntary payroll deduction programs, Special & Final Pay Plans and FICA Alternative Plans.
“We believe that by creating a separate division focused on the employee benefits needs of our clients, we can deliver significant value-added services to them. In this resource-challenged environment, we can provide important cost savings to our clients and provide them with the option of an unbundled or bundled solution. It also assures that each member of USEBSG can continue to provide their services in an independent and unbiased fashion,” said Bob Dughi, Executive Chairman of U.S. Retirement Partners.
USRP President and CEO, Mark Skinner, stated, “With USEBSG, we are creating a powerful single sign-on platform to help our clients reduce their costs and streamline the management of their benefits programs.”