Comprehensive Employee Benefits
Our Benefits Consulting Services
We believe that employee benefits is a long-term strategy that needs to be adjusted regularly to align with evolving corporate strategy.
Our holistic approach to Group Benefits and Human Capital Management involves extensive research, strategic planning, and seamless execution that makes it easy for HR, finance, and the employees.
Service Model
We earn your trust through innovative, proven, employee-centric strategies that makes us one of the leading employee benefits consulting firms. Our team collaborates with all major insurance carriers and TPA’s, and vendors, to implement cost effective benefits strategies
- Initial consult to understand pain points and financial needs
- Strategy and planning
- Benefits and Program review, marketing, benchmarking, and analysis
- Carrier & Vendor negotiation and selection
- Implementation and management
Administrative Support
From plan design to funding analysis to carrier negotiations, our analysts and insurance experts have a profound understanding of the insurance industry and what makes employee benefits
plans successful. We partner with a leading ERISA law firm and other resources to provide ease and compliance with benefits administration and management.
- Employee Enrollment and On-Boarding Support
- ERISA Compliance
- COBRA
- ACA Guidance
- Account Management
- Daily Administrative Support
- Carrier/Vendor Management
- Audits
State of the Art Technology Platforms
With the latest insights and technology, we help with employee benefits management services in a way that gets your message across and aligns with your company culture. From easy-to-use software to a paperless approach, we leverage the latest resources to serve you best.
- 24/7 Access
- Easy online enrollment for employees
- HR Plan administration and management
- Onboarding
- Payroll Integration
- Reporting
Our Full Service Offerings
We collaborate with all major insurance carriers and TPAs to implement efficient, cost-effective strategies, backed by white glove account management.
Health & Welfare
Medical · Dental · Vision
Life & Disability · Worksite Benefits
Business Travel Accident · Global World
Property & Casualty
Commercial · Specialty · Personal Lines
Payroll & Technology
Payroll · HR Solutions · Benefits Enrollment
Retirement & Financial*
Investment Advisory · Retirement Planning
401(k) 3(21) Investment Co-Fiduciary Services
Advanced Financial Planning for High Networth/Value Individuals
* Arundhati Paul, AIF® is an Investment Adviser Representative of, and offers Securities and Investment Advisory Services through LPL Financial, Inc, Member FINRA, SIPC and Registered Investment Advisor. Solaris Asset Management LLC and LPL Financial, Inc, are not affiliated entities. Solaris Asset Management LLC and Solaris Risk Management are separate entities from LPL Financial and provide separate and distinct services.
Health & Welfare Service Model
Life & Disability · Worksite Benefits
Business Travel Accident · Global World
Below you’ll find Solaris’s comprehensive Health & Welfare service model.
Marketing & Analysis — All Lines of Coverage
• Marketing and Analysis for All Lines of Coverage: Medical, Dental, Vision, Life, LTD, STD, Voluntary worksite benefits
• Underwriting team will review and market with all major carriers for maximum savings
• Provide detailed analysis on all lines of coverages to determine the best options available
• Due diligence on funding strategies
Dedicated Account Executives — Year-Round Customer Support
• Assist with new hire enrollments, changes and terminations
• Request carrier ID numbers and/or ID cards
• Claims advocacy & dispute resolution
• Billing reconciliation
• ACA and ERISA Compliance (Form 5500 filing)
Renewal / New Business Implementation & Enrollment Support
• Summaries and SBCs reviewed for accuracy
• Carrier enrollment material preparation
• Plan contribution analysis and modeling
• Prepare customized employee communications
• Conduct enrollment/educational meetings (in person and/or virtual)
• All documents/forms reviewed for accuracy and submitted for timely implementation
• Manage implementation through install; obtain ID numbers and approval letters
Pre-Renewal, Claims Utilization & Technology Platform
• Mid-year claims utilization review to examine trends and provide insight on plan performance
• Focus on potential benefit plan changes and/or program enhancements for upcoming renewal
• Provide strategic actions directed at improving quality and affordability of the health plan
• Due diligence on state-of-the-art enrollment technology platform implementation
• Cost-effective options for all group sizes
• Capabilities: Carrier, Payroll & TPA Integrations; 834 EDI File Connectivity
Additional Services
• Access to top-ranked employee benefits law firm for legal questions/concerns
• Customizable marketing materials available
• Benchmarking data available by industry, product and plan design
Property & Casualty Insurance
Solaris provides access to a broad spectrum of commercial and specialty P&C insurance solutions, connecting your business to the right coverage across admitted and non-admitted markets through experienced brokerage. Solaris works with leading specialty markets to place complex, hard-to-place, and high-limit risks across a wide range of industries and geographies.
Commercial Lines
General Liability
Broad coverage protecting your business against third-party bodily injury, property damage, and personal injury claims.
Commercial Property
Protection for buildings, equipment, inventory, and other physical assets against loss or damage.
Commercial Auto
Fleet and vehicle coverage for businesses of all sizes, including hired and non-owned auto liability.
Workers’ Compensation
Statutory coverage protecting employees injured on the job, with claims management support.
Umbrella & Excess Liability
Additional liability protection above primary policies for catastrophic loss scenarios.
Specialty Lines
Directors & Officers (D&O)
Protecting executives and board members from personal liability arising from management decisions.
Errors & Omissions (E&O)
Professional liability for claims alleging negligent acts, errors, or omissions in professional services.
Cyber Liability
Coverage for data breaches, ransomware, business interruption, and regulatory fines from cyber events.
Employment Practices Liability
Protection against claims of wrongful termination, discrimination, harassment, and wage violations.
Fiduciary Liability
Coverage for breaches of duty in the management of employee benefit plans.
Additional Coverages
Commercial Crime
Protection against employee dishonesty, theft, forgery, fraud, and computer crime losses.
Inland Marine
Coverage for goods in transit, equipment, and property not fixed at a single location.
International Liability
Global coverage for companies operating across borders, including foreign liability and kidnap & ransom.
Environmental Liability
Coverage for pollution-related claims, cleanup costs, and regulatory actions.
Management Liability Package
Bundled D&O, E&O, EPL, and fiduciary coverage tailored to your organization’s risk profile.
Human Capital Management
Solaris partners with industry-leading payroll vendors and benefits technology platforms to deliver a seamless, integrated experience for employers and employees alike. Cost-effective plan options are available for all group sizes. Clients will have a dedicated implementation, year-round technical support, and custom employee communication materials.
Our Payroll Platform Capabilities
• Payroll, HR, PTO & onboarding
• Designated HR Business Advisor
• COBRA administration
• Compensation analysis & self-service tool
• Job descriptions & compliance tools
• Labor law posters & employee handbook
• HR tools, best practices & learning library
• Risk and Safety Specialists
• LifeCare work-life & employee assistance program
• Talent Activation Specialists
• ACA Reporting & Total
• Rewards statements
• Employee & Manager self-service portal
• Year round technical support
Our Benefits Enrollment Platform
Online Enrollment
Employee self-service portal for open enrollment, new hire onboarding, and qualifying life events.
Carrier Integration (EDI 834)
Direct electronic data interchange with carriers to eliminate manual enrollment errors and delays.
Payroll Integration
Seamless sync with payroll systems to ensure accurate deductions and contribution reporting.
TPA Connectivity
Integration with third-party administrators for FSA, HSA, HRA, COBRA, and commuter benefits.
Decision Support Tools
Guided plan comparison and cost modeling to help employees choose the right benefits for their needs.
Retirement & Financial Services
401(k) 3(21) Investment Co-Fiduciary Services
Advanced Financial Planning for High Networth/Value Individuals
Retirement Plan Advisory — 401k & 3(21) Investment Co-Fiduciary Services
Sec. 3(21) Investment Co-Fiduciary Services
Serve as non-discretionary investment fiduciary; develop & maintain Investment Policy Statement (IPS)
Plan Administration
Analyze & optimize plan design; review ERISA 404(c) compliance; benchmark fees, services & investments
Participant Education
Develop & implement communication strategy; provide phone & email support to participants
Investment Menu Design
Recommend, monitor, and replace investment options; provide ongoing fund monitoring & search services
Committee Management
Quarterly meeting schedule; maintain fiduciary file with meeting minutes & committee discussions
RFP & Transitions
Generate and evaluate service provider RFPs; support plan conversion and provider transitions
Advanced Financial Planning — For Your High-Value Employees
Through our partnership with LPL Financial, Solaris clients have access to a dedicated team of credentialed advanced planning specialists, including experienced tax attourneys and tax specialists — delivering sophisticated solutions for your most complex financial needs.
Complex Financial Modeling
Scenario analysis & projections for nuanced financial decisions
Integrated Strategy Development
Cohesive plans combining investment, tax, estate & philanthropic considerations
Executive Compensation Planning
Stock options, RSUs, deferred compensation & other employee benefits
Concentrated Stock Solutions
Diversification, tax-efficiency & risk mitigation strategies
Multi-Generational Wealth Transfer
Efficient wealth distribution across generations; trusts & complex gifting
Philanthropic Planning
Charitable giving strategies aligned with client values & tax efficiency
Pre-Liquidity Event Planning
Strategic advice for business owners facing significant asset sales
Arundhati Paul, AIF® is an Investment Adviser Representative of, and offers Securities and Investment Advisory Services through LPL Financial, Inc, Member FINRA, SIPC and Registered Investment Advisor. Solaris Asset Management LLC and LPL Financial, Inc, are not affiliated entities.
Let's Work Together
We collaborate with all major insurance carriers and TPAs to implement efficient, cost-effective strategies. Let us help you simplify your benefits and drive real value in your industry.