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Member, Beacon International Group, Ltd.
P
Parsons, McKee,
Sommers & Co.
2001 Crocker Road, Suite 300, Westlake, Ohio 44145; 440-871-8611; fax: 440-871-7485
Interactive benefit systems since: 1990.
Software products:
InQuiry.
System type/cost: Purchased: Price varies. Leased: Price varies.
System requirements: PC system, single user or network; operates in Windows. Online system.
Customization optional.
First installation: 1990.
Total installations: 50.
Benefits communicated: Savings plans, health plans, pension plans, flexible benefits, flexible spending accounts, summary plan description, managed care provider directory, health risk appraisal.
Features: Options available to add plan descriptions; personal information; direct enrollment; modeling/projections; employee specific recommendations; option selection/adjustment; health claims status; details on investment alternatives; transfers among investment funds; reports via computer diskette, electronic mail, printer, fax and mail.
Accessed through: Telephone, kiosk, employee's PC, benefit department kiosk.
User support: User groups/meetings, onsite training, telephone assistance eight hours per day*.
Staff: 12 total, 10 professionals.
Clients: 60 total, including 20 new clients and 10 who added additional features to their interactive benefit communication system in 1996.
Branch offices: Charlotte, N.C.
1996 gross revenues: $2.7 million total. $200,000 from employee interactive benefit communication systems sales and services, including 80% software sales, 10% software services, 10% user support.
Officers: John R. Parsons, chairman; Mark S. Sommers, president; Richard S. Wargo, senior vp/managing actuary; Donald N. Dalessandro, vp-defined contribution services; Jeffrey T. Graves, vp-information systems.
Contact: John R. Parsons or Mark S. Sommers.
*Included in system price.