Client Description
A large commercial food supplier based in Western Washington and Oregon with 400 employees, in business for 102 years
Challenge
This fast-growing company had recently acquired a competing business, which resulted in doubling the total number of employees. They needed a benefits solution that would work in Oregon state, even though the client’s headquarters are located in Washington.
Adding to the challenge was that the acquired company had a union-based benefits plan, which was extremely expensive, and now needed to move to a private sector plan. The client looked to Berg Benefits to solve this problem.
Solution
Berg Benefits developed a three-phase plan:
- Phase 1 – Berg identified non-union, fully-insured benefits that matched or exceeded the plan.
- Phase 2 – Berg Benefit’s brokers personally met with every acquired employee one-on-one to answer questions, and educate them about upcoming transition. Each employee needed to agree to changing the plan from union to private.
- Phase 3 – Berg negotiated with a fully-insured carrier to customize the benefits to match the previous plan.
Result
Berg Benefits was able to save the client $500,000 during the same year as the acquisition of the new company. Additionally, looking toward the client’s future, Berg Benefits:
- Set up a benefits admin system to manage their open enrollment digitally for employee onboarding.
- Through its excellent and ongoing relationship, was tapped to provide Third Party Administration (COBRA) services through its sister company RedQuote.