Outsourcing made easy with iPEO Solutions

The iPEO Difference

Today’s business world is complex and companies no longer fit as easily into the traditional Insurance “box” that was once a viable option. On a similar note, not all PEOs are created equal- certain PEOs are more competitive in various niches than others. Our unique process combines the best of traditional Insurance agency and PEO offerings to deliver customized, cost-efficient, and scalable solutions to meet the complex needs of our clients. In addition to being PEO brokers, we are licensed Insurance brokers which allows us to mix and match traditional Insurance with PEO and truly advise our clients...Read More

PEO vs Insurance

Traditionally, business owners rely on their Insurance agent to find them the best Workers Comp and Employee Benefits plans. Insurance agencies represent a wide variety of customers whose businesses are all very different. Insurance agents pair a business with a carrier. PEOs absorb businesses into their master health plan and master Workers Comp policy. This allows small to mid-size companies to achieve better pricing through economies of scale, as well as access the wealth of administration and support services offered.

Naturally, Insurance agencies and PEOs view each other as competitors for Workers Comp and Employee Benefits. Because of this, Insurance agents and PEO reps compromise their client’s best interests by serving their own agendas. Insurance agents often take a reactive approach when having a PEO conversation with their clients.

BROKERAGE SUCCESS STORIES

Regional skilled nursing facility chain (2,000+ employees)

I am the former CFO of a national SNF chain (10,000+ employees) and Mike exceeded my expectations as an Insurance and PEO partner. When I went out on my own, Mike was the first call I made. I have had a relationship with Mike, his prior firms and iPEO for nearly twenty years. From inception through high growth we have partnered with them due to leading expertise & relationships in senior living and Insurance /co employment sectors.

Bruce W.
Founder CEO Regional skilled nursing facility chain (2,000+employees)

National healthcare staffing firm (1,000+ employees) & national skilled nursing facility chain (5,000+ employees)

We enjoy a long term relationship with Mike, his predecessor firms & iPEO for over fifteen years. They have overseen Insurance & PEO/ HRO solutions for both of these owned entities from inception. As an investment firm and operator, we wanted to evaluate all viable service /risk financing options to achieve our goals of focusing only on our core business to reduce costs, employer related liabilities and make our brands more valuable . Throughout our growth cycle, iPEO has provided customized vendors & programs along with most appropriate solutions to achieve our strategic initiatives. We find their firms to be valued partners not just vendors!

Joe P.
Partner

Assisted Living Facility chain in Tampa Bay area (250+ employees)

iPEO has been our Insurance & PEO partner since inception. We have had a twenty plus year relationship with Michael and his predecessor firms. His consultative and agnostic approach has allowed our business to operate more effectively.

Jason M.
Owner

BROKERAGE REQUIRED DATA

Workers Comp & Risk Management

  • Copy of declaration page, incl. legal name(s), FEIN(s) and schedule of all locations.
  • Currently valued Workers' Compensation Loss Runs for 3-5 complete years plus present policy period.
  • Annualized Payrolls by Class Code by State as well as total payrolls by year.
  • Copy of Corporate Safety Plan
  • Acord Form
  • iPEO Needs Analysis

Employee Benefits

  • Copy of Employee Census, including current Plan Summary and the most recent invoice/billing reflecting current cost of plan for all group/voluntary plans.
  • If currently in a PEO relationship provide most recent invoice.
  • Copy of Retirement program plan docs.
  • Group Health Questionaire
  • Employee census

Human Resources

  • Copy of any EEOC and/or other government agency complaints (EPL claims, if any.) Copy of EPLI policy, if coverage exists.
  • Obtain hard costs of current annual HR personnel costs and HRIS software expenses.
  • Copy of Employee Handbook.
  • Copy of HRM system.

Payroll Administration

  • Copy of last UCT-6.
  • Copy of the SUTA tax filing for the last full quarter. Provide the current SUTA rate.

Insurance

iPEO Solutions is a Joint Venture Partnership Agreement with Baldwin Krystyn Sherman Partners (BKS), a Baldwin Risk Partners’ award winning flagship firm. Through this Joint Venture, iPEO Solutions combines its deep PEO expertise with customized market Insurance solutions to deliver a truly agnostic and consultative outcome for our clients.

BKS is an award-winning independent Insurance brokerage firm providing private Risk Management, commercial Risk Management, Employee Benefits, and Vitality™ programs to clients wherever life takes them throughout the U.S. and internationally. Commercial Insurance & Risk Management services including claims consulting, loss control & analytics.

Advisory & Brokerage Services

  • Commercial Property & Casualty Insurance
  • Commercial Risk Management
  • Employee Benefits
  • Private Risk Management (High Net Worth Individuals)
  • Personal Insurance
  • Asset & Income Protection (Life)
  • Wellness, Safety, & Risk Engineering
  • Medicare
  • Predictive Analytics and Actuarial Services

HRO, ASO, & HCM

As our clients grow, we scale

When our clients outgrow their PEO relationship, we are standing by to help. If a business finds itself to be large enough to buy Employee Benefits and Workers Comp alone they may only want to use a partner for Payroll & HR. This is called HRO. If a client decides it’s HR needs are very light and that it does not need any support or outsourcing, they may opt only for payroll in an ASO model.

Businesses outgrow their vendors and partners constantly as their needs evolve. We are committed to scaling with our clients and providing best in class solutions at each phase of the business life cycle. This is evident in our success stories many of which are 15+ year relationships.

Benefits of HCM technology include:

  • Enhance in-house ability to comply with Health Care Reform requirements
  • Reduce administrative burden through automation
  • Connect workforce goals to your corporate goals with a custom action plan
  • Adaptable to current technology

This solution is for employees who want to merge the following into one solution

Benefits administration
Time and attendance
Talent management
Payroll services
Human Resources management

Focus Industries

iPEO Solutions serves client companies ranging from 25 employees all the way up to 10,000 employees. We have diverse PEO and Insurance partners for a variety of industries and company sizes. iPEO has specialized understanding of the challenges facing companies of the following industries, and solutions to overcome them.

Senior Living & Longterm Care

  • Independent Living, Assisted Living,Skilled Nursing, Home Health, Hospice, CCRC

Franchises

  • Corporate franchisor solutions
  • Preferred solutions for new franchisees

Real Estate

  • Property Management including Building Maintenance, Janitorial Services

Transportation

  • Transit Authorities, Long Haul, Short Haul, Livery, Trucking

Private Equity

  • Streamline portfolio company operations
  • Onboard new employees quickly
  • M&A Due Diligence & Jurisdictional Insight

Hospitality

  • Restaurants, Bars, Clubs, QSRs, Fast Casual
  • Hotels, Motels, Resorts, B&B
  • Hospitality Management and Operators Previous

Construction

  • Artisan contractors including Electricity, Plumbing, Carpentry, Mechanical Masonry, Roofing, etc.
  • High Hazard

We’re very approachable and would love to speak to you.

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