Per the terms of the agreement, CBH Pensions will have access to all of HRAmerica’s employee administration solutions, such as:
- HR compliance
- payroll services
Currently, the Third Party Administrator (TPA) of qualified pension plans offers plan design, consulting, and administrative services specializing in the small to medium-sized market, according to a news release.
As for HRAmerica, theCharlotte, North Carolina-based firm will increase their retirement services offerings through increasedfunctionality of 401(k) daily valuation, defined benefit, 412( i ) and section 125/129 plan services, according to a news release. HRAmerica currently offers employee administration solutions such as payroll and benefits administration, employee benefit plans, HR compliance, business consulting and e-learning/training.