Health & Welfare Fund Administration

Amalgamated Employee Benefits Administrators prides itself on its excellence in Health & Welfare Fund Administration. With a focus on fiscal prudence, due diligence and a fund’s fiduciary responsibility, Amalgamated offers a total solution that encompasses:

  • Maintaining records of participant benefits, eligibility and payment history
  • Maintaining full financial records
  • Assisting with annual audits
  • Distribution of Summary Annual Reports
  • Trustee meeting attendance and reporting
  • Assistance in the preparation of government filings
  • Administering fiduciary liability and fidelity bond insurance
  • Managing all billing and collections (i.e., billing, collection, reconciliation of monthly employer contributions; data maintenance at the participant and employer level, delinquency and standard reporting)
  • Handling member inquiries (i.e., eligibility, plan benefits/coverage, claims status, ID cards, appeals, COBRA, premiums)
  • General administration, coordination and communications with other plan professionals (i.e., broker, accountant, auditor, attorney, actuary, benefit consultant)
  • Managing appeals (i.e., documentation, presentation, recommendations, receipt of final determination, communication of resolution)
  • Maintaining records (i.e., plan documents and amendments, SPDs/SMMs/benefit overviews, trustee meeting minutes, trust agreements, rate/fee adjustments)