Plan and Vendor Evaluation

The groundwork provided by Intercare Insurance Solutions aims for a complete understanding of your needs and flexibility rather than a cookie-cutter solution. Our approach includes the following stages:

Needs Assessment

During this initial stage, a variety of factors will be examined. These include your company, your retirement plan objectives and the demographics of your employees.  Intercare will review your current plan’s provider(s), features and investment options and look for any opportunities for improvement, such as technology, reporting, and assistance with 404(c) compliance.

Vendor Search & Benchmark

Once satisfied with a thorough understanding of your needs, we will provide you with:

• Service Provider Comparison
• Total Cost Analysis
• Investment Opportunities
• Provider Contract Review

Vendor Candidate Selection

Next, we will help you to match your Needs Assessment to the results of the Vendor Search. One or more of the vendors will emerge as leading candidates, based on their ability to meet the challenges of your plan requirements.

Finalists Presentation and Vendor Selection

The leading vendors are invited for on-site presentations.  Intercare works with you to help ensure the proposals provide effective solutions for your plan’s needs. You'll select the appropriate vendor and then we will proceed to the implementation phase