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Benefit Plan Features Summary, United States
Displaying employee benefit plans in a confidential side-by-side format, the Summary of Plan Features (SPF) report easily compares the organization plans to the peer group plans.
Report Options SPF is included in the Benefits Valuation Analysis or can be purchased as a stand-alone report. Organizations are able to select various peer organizations, which are masked for confidentiality.
A customized report presenting prevalence statistics and commentary on major types of employee benefits. This report summarizes the differences among the plan provisions of your offerings and those of the comparator group and pinpoints the individual plan features that drive your position relative to the comparators.
These reports provide an opportunity to:
Understand current practices.
Identify appropriate benefits package.
Target potential plan changes and opportunities for cost savings.