2017-2018 SPOTLIGHT ON BENEFITS Factual · Health Plans Consumer Driven Plans have increased by...

2 0 1 7 - 2 0 1 8 S P O T L I G H T O N B E N E F I T SA L L I N D U S T R Y

US BENEFITS STUDY

HEALTH WEALTH CAREER

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2Copyright © 2018 Mercer (US) Inc. All rights reserved.

C O N T E N T S

About the ReportParticipant Information

ParticipantsPeer Listing

Health/GroupMedical, Dental, Life Insurance, FSA

Time LossVacation, Holidays, Personal Leave, Sick, Disability

Retirement/SavingsDefined Benefits, Savings, Stock Purchase Plans

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A B O U T T H E R E P O R T

48%<2,000 employees

45%<$1 billion in sales

738+participants

20 industriesAgriculture/Forestry AutomotiveConstructionConsumer GoodsEducationEnergyFinancial ServicesHealthcareHigh TechHospitality

Insurance/ReinsuranceInternet Based ServicesLife SciencesLogistics/Supply ChainManufacturing MiningProfessional ServicesRetailTelecommunicationsUtilities

G E N E R A L I N D U S T R Y S T A T I S T I C S

11%manufacturing

12%healthcare

18%energy industry

L A R G E S T I N D U S T R I E S

Mercer’s Spotlight on Benefits provides highlights of both the key plan features and the median plan provisions, allowing benefit professionals to benchmark their plans against other organizations in the General Industry. Median plan values are determined by finding the median dollar amount for the values generated by the General Industry participants. The values represent the estimated amount of pretax pay needed by an employee to replace the employer-provided benefit. The focus of the Spotlight is on the average of the national composite workforce; a set of generic employee profiles that represents a typical employee population.

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Using benefits as an attraction and retention tool plays a crucial role on the human resources stage.

The Spotlight on Benefits gives you a high-level overview on what we’ve observed in the US market.

Understanding what’s happening in the market today and having insight into where benefits are headed

tomorrow is more important than ever.

A T T R A C T A N D R E T A I N T O M O R R O W ’ S T A L E N T

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R E T I R E M E N T / S A V I N G S

TRENDINGOrganizations across all sectors have felt the

pressure to shift the larger responsibility of saving for retirement to their employees.

The changing workforce with more transitory and contract employees is not suited to the long-term

nature of Defined Benefit plans.

Increase Employer DC FundingFreeze/Grandfather DB Plans

Automatic Enrollment

STATISTICS

32% Decrease Over the past 5 years in organizations offering active Defined Benefit Plans

Provide a Stock Purchase Plan

15%Offer both a Defined Benefit and Defined Contribution Plan

Offer a Defined Contribution Plan only

21% 78%

10% Overall Employer ContributionAdd commentary to support statistic

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R E T I R E M E N T / S A V I N G S – D E F I N E D B E N E F I T P L A N S

PLAN TYPE

DB

Most common

MEDIAN PLAN DESIGN

F I N A L A V E R A G E

P A Y

H I G H 5 O U T O F 1 0

Y E A R S P A Y

T O T A L P A Y I S U S E D T O C A L C U L A T E

B E N E F I T

5 Y E A R V E S T I N G

41% Require employee contributions

26% Have an excess feature that removes legislated limits

53% Include bonus in the pay definition

PREVALENCE DATA

31%

66%

2%

1%

Cash Balance

Final Average Pay

Retirement Equity

Career Average

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R E T I R E M E N T / S A V I N G S – D E F I N E D C O N T R I B U T I O N P L A N S

The primary driver of value in defined contribution plans is the level of employer funding.

MEDIAN PLAN DESIGN

4 0 1 ( K )1 0 0 %

M A T C H O N F I R S T 6 %

T O T A L P A Y I S U S E D T O C A L C U L A T E

B E N E F I T

N O E X C E S S F E A T U R E

72%Have employer matching contributions

401(k)39% Include bonus in the pay definition

23%Have an excess feature that removes legislated limits

TRENDING

As fewer organizations offer pension benefits to new hires, pre-tax savings plans are

becoming richer.

More employers are providing funding through fixed or discretionary non-matching contributions as reported for 28% of 401(k) plans in this study.

In addition, more organizations are making it easier to participate in pre-tax savings plans by adding

automatic enrollment features as reported by 35% of the plans in this study.Illu

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R E T I R E M E N T / S A V I N G S – S T O C K P U R C H A S E P L A N S

MEDIAN PLAN DESIGN

1 5 % D I S C O U N T O N P U R C H A S E O F S T O C K

B A S E P A Y I S U S E D T O C A L C U L A T E B E N E F I T

M A R K E T V A L U E D E T E R M I N E D B Y

P R I C E A T E N D O F P U R C H A S E P E R I O D

63% Of plans provide a discount on the purchase of stock

15% Of plans offer an employer match

1 0 % E M P L O Y E E D E F E R R A L S

11% Include bonus in the definition of salary

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V A L U E - C O N S C I O U S H E A L T H C A R E

Consumer DrivenHealth Plans Consumer Driven Plans have increased by 135% over the past five years.

Fifty-seven percent of the survey participants offer a CDHP option. Of those companies offering a CDHP, 81% provide employer funding through either a Health Savings Account or a Health Reimbursement Account.

Spousal Surcharge Employers are offsetting the rising cost of health insurance by placing restrictions on spousal coverage.

When a spouse has access to other coverage through his/her employer, eight percent of organizations in this study charge an additional spousal surcharge fee.

WellnessIncentivesEmployers continue to implement wellness strategies and incentive based premium structures.

Sixteen percent offer discounts for non-tobacco use and 16% offer lower premiums for completing wellness activities.

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H E A L T H / G R O U P

TRENDINGBoth employees and employers are adopting a

preventative-health mindset.

Organizations are offering health-focused programs And incentives for their employees.

Higher Premiums

Increasing Deductibles

Rising Consumer Responsibility

STATISTICS

10% Decrease Over the past 5 years in organizations offering active Post-retiree medical coverage

Provide Employer-paid Life Insurance

98%Offer Medical andDental Coverage

Offer Post-retiree Medical Coverage

100% 35%

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H E A L T H / G R O U P – M E D I C A L P L A N S

Higher Rx expense

Lower coinsurance

Reducedemployer cost-

share

Increased out-of-pocket expenses

Higher annual deductible

2013

2018

$500

$1,500

$1,500

45%$3,000

55% 85%

80%

$10

$30

53%

2%

35%

10%

34%

55%

10% 1%

PPO/POS CDHP HMO/EPO INDEMNITY

MEDICAL PLAN TYPE

2013 2018

PREVALENCEAll survey participants offer a medical plan to their employees. Most organizations offer more than one plan, with PPO plans accounting for 67% of all plans

offered.

Eighty-nine percent of the participants include a PPO among the plans they offer. When an

organization offers more than one plan type, the majority of employees elect PPO coverage.

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H E A L T H / G R O U P – M E D I C A L P L A N S

TrendingOver the past five years we have seen a 35%

decrease in organizations offering retiree medical coverage to newly hired employees.

Many organizations have opted to grandfather/freeze their plans or provide

access only plans.

Access only plans allow retirees access to an employer sponsored plan but require the

retiree to pay the full cost of the coverage.

PRE65 RETIREE MEDICAL

Offered

Access Only

40%

18%

POST65 RETIREE MEDICAL

Offered

Access Only

20%

12%

MEDIAN PLAN DESIGN –CDHP PPO

• 0% Employee Only

• 20% Family

EMPLOYEECost-share

• $2,000/Individual

• $4,000/Family

DEDUCTIBLEAnnual Amount

• $6,550/Individual

• $13,100/Family

LIMITOut-of-pocket

• 100% Inpatient Hospital

• 100% Office Visits

• $40 Prescription Copay

COVERAGECoinsurance/Copays

• $1,000/Individual or Family

HRA/HSAEmployer Funding

The value for medical is derived from both the employee cost-share and the plan provisions.

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H E A L T H / G R O U P – D E N T A L P L A N S

MEDIAN PLAN DESIGN

25% Employee40% Family

Employee Cost-share

$50/Individual$150/Family

Deductible

100% Preventive80% Basic50% Major

50% Orthodontia

Coverage

$1,500/Year$1,000/Life Orthodontia

Maximums

Silent PPO

PREVALENCEThere has been very little change over the past five

years in dental coverage offered.

The most prevalent plan type includes a $50/individual, $150/family annual deductible with coinsurance of 100%

for preventive, 80% for basic, and 50% for major and orthodontia coverage.

Plan Type

8% Of plans require no employee contributions

17% Of plans require employees to pay the full cost of coverage

45% Is the average employee cost-share

The value for dental is derived from both the employee cost-share and the plan provisions.

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FLEXIBLE SPENDING ACCOUNTS

Average Employer Funding

$2,000

Provide Employer Funding To

HCFSA

1%Offer Dependent

Care FSA

88%

Offer Healthcare FSA

98%

LIFE INSURANCEEMPLOYER-PAID COVERAGE OFFERED

98% 10% 10%

H E A L T H / G R O U P – L I F E I N S U R A N C E / F S A

Employee Spouse Dependent

Most organizations allow for employee contributions up to the IRS limits of $2,650 for healthcare and $5,000 for

dependent care.

95% offersupplemental coverage

83% provideaccidental death and dismemberment

The median life insurance plan provides a 1.5 times base pay employer-paid benefit

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PA I D L E AV E I S U S E D A S A K E Y

R E C R U I T I N G A N D R E T E N T I O N T O O L

E M P L O Y E E S S E E KF L E X I B I L I T Y

I N T H E I R W O R K S C H E D U L E

PA I D T I M E O F F B A N K S H AV E

G R O W N I N P O P U L A R I T Y

W O R K - L I F E B A L A N C E

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Balance

VACATION/PAID TIME OFF (PTO)

61% provide a traditional vacation policy

39% offer a PTO plan whereby vacation days are included with other elements of paid leave such as personal leave and/or sick leave

HOLIDAYS

100% offer paid holidays

8 days per year is the median number given

SICK LEAVE

93% provide paid sick leave


PERSONAL LEAVE

T I M E L O S S

DISABILITY

93% provide short-term

disability; 77% of plans are at no cost to the employee

99% provide long-term

disability; 75% of plans are at no cost to the employee

20% offer paid personal days


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T I M E L O S S – V A C A T I O N / P A I D T I M E O F F

TRADITIONAL VACATION PLAN

PAID TIME OFF PLAN

5 YOS1 YOS 10 YOS 15 YOS 20 YOS

MEDIAN PLAN DESIGN

5 Days 10 Days

30 Days28 Days26 Days23 Days20 Days

15 Days 20 Days 25 Days

PREVALENCEPTO plans offer more days at each service break due to the

inclusion of other forms of paid time off such as sick, personal, and/or holidays.

PTO plans have increased in popularity as employees seek flexibility in their work schedules.15% Increase in Paid Time Off banks

over the past five years

83% Of traditional plans allow carryover of unused days

90% Of PTO plans allow carryover of unused days Illu

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Employer-Paid Coverage

Coverage for disabilities lasting longer than 26 weeksCoverage for occasional sick days

T I M E L O S S – S I C K / D I S A B I L I T Y

Coverage for first 26 weeks of disability

SICK LEAVE10 days/yearBase pay is the definition of compensation SHORT-TERM DISABILITY

LONG-TERM DISABILITY.60% base pay replacement

$15,000 maximum monthly benefitOffset by family Social Security benefits

60% base pay replacement upon hire 100% pay replacement after 25 years of service7-day elimination period26 weeks of disability payment Unlimited weekly benefit maximum

OccasionalSick Days

Employer-PaidCoverage

MEDIAN PLAN DESIGN

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P A R T I C I P A N T S

3M (Minnesota Mining & Manufacturing) Bain Capital, LP Build-A-Bear Workshop, Inc. Church of Jesus Christ Latter-day Saints Cox Enterprises, Inc. Energy XXIA.O. Smith Corporation Baltimore Orioles Cabot Oil & Gas Corporation Cianbro Companies, The Crawford and Company Enerplus Resources Corporation (USA)Accenture Banner Bank CACI International Inc. Cimarex Energy Company Crowe Horwath LLP EnscoActivision Blizzard, Inc. Baptist Health - FL Calfrac Well Services Corporation Cincinnati Children's Hospital Med. Ctr. Crowley Maritime Corporation EOG Resources, Inc.Acuity Brands Baptist Health South Florida California Endowment, The Cincinnati Financial Corporation CSX Corporation EP Energy, LLCAdvance Auto Parts Barnes & Noble, Inc. California Healthcare Foundation Cincinnati Reds, The Culp, Inc. Equifax, Inc.AECOM Enterprise Barry Callebaut USA, LLC California ISO Citizens Energy Group CUNA Mutual Group ERCOTAEGIS Insurance Services, Inc. Bar-S Foods California State University Citizens Property Insurance Corporation Dakkota Integrated Systems Erie Insurance GroupAera Energy Services Company BASF Corporation California Wellness Foundation City of Albuquerque David and Lucile Packard Foundation, The Essential Power Services, LLCAET Inc. Limited Basin Electric Power Co-op Cambia Health Solutions (Regence Group) City of Austin, TX DCP Midstream, LP Everest Reinsurance CompanyAetna, Inc. Battelle Memorial Institute Cambro Manufacturing City of Chandler, AZ Defenders, Inc. Evergreen Shipping Agency (America) Crp.AgFirst Farm Credit Bank BayCare Health System Canadian Pacific Railway City of Glendale, AZ Definiens, Inc. EXCO Resources, Inc.Agropur Inc. Baylor College of Medicine Cape Fear Valley Health System City of Mesa, AZ Del Monte Foods Express ScriptsAkebono Brake Corporation Baylor Scott and White Health Caribou Coffee Company, Inc. City of Norfolk, Virginia Delaware North Corporation Fairfax County, VirginiaAkin Gump Strauss Hauer & Feld LLP BB&T Corporation Carilion Clinic City of Oklahoma City, OK Deloitte LLP Farm Credit Bank of TexasAlexion Pharmaceuticals, Inc. BDO USA, LLP CarMax Auto Superstores, Inc. City of Peoria, AZ Delta Air Lines, Inc. Farm Credit FoundationsAlixPartners, LLP Belmont University Carnegie Corporation of New York City of Phoenix, AZ Delta Dental of New Jersey, Inc. Faxton - St. Luke's HealthcareAllina Health System Bendix Commercial Vehicle Systems LLC Carrix, Inc. City of San Antonio, TX Deseret Mutual Benefit Administrators Federated Investors, Inc.Alnylam Pharmaceuticals Benjamin Moore & Company Carrizo Oil & Gas, Inc. City of Scottsdale, AZ Detroit Tigers, Inc. Federated Mutual Insurance CompanyAlston & Bird Bentley University Carter's, Inc. City of Surprise Devon Energy Corporation Fidelity InvestmentsAMCOR Rigid Plastics Bexar County Caterpillar Inc. City of Tempe, Arizona DexCom, Inc. Fieldwood Energy LLCAmerican Honda Motor Co. Inc. BHP Billiton Petroleum Celgene Corporation City of Virginia Beach, Virginia DFS Group, LP Fifth Third BankAmerican International Group, Inc. (AIG) Big Lots, Inc. Center for Creative Leadership City Utilities DICK'S Sporting Goods, Inc. Finger Lakes HealthAmerican Midstream Bill & Melinda Gates Foundation Center for Strategic and Int'l Studies Cleveland Indians Baseball Co. Diebold, Inc. First Horizon National CorporationAmerican Museum of Natural History Bill Barrett Corporation Centra Health Inc. Cleveland State University Dignity Health FirstHealth of the Carolinas, Inc.American University BioMarin Pharmaceutical, Inc. Central Hudson Gas and Electric Corp. CliftonLarsonAllen, LLP Discovery Natural Resources LLC Fiskars Brands, Inc.Amgen, Inc. BKD, LLP Cerner Corporation CMA CGM (America) LLC Dominion Resources Florida Health Science CenterAmherst College Black Hills Corporation CGG Services (U.S.) Inc. CNO Financial Group Donaldson Company, Inc. Florida Hospital OrlandoAmlin plc Blackstone Group L.P., The Chapman University Coca-Cola Company, Inc., The Dow Chemical Company, The FMC CorporationAnadarko Petroleum Corporation Blessing Hospital Chapter 13 Trustee Coeur Mining, Inc. Drury Hotels Company, LLC. Focus BrandsAnnie E. Casey Foundation, The Blue Cross Blue Shield of Kansas Charles River Laboratories Int'l, Inc. COG Operating, LLC DSW Inc. Ford Foundation, TheApache Corporation Blue Racer Midstream, LLC Charles Stewart Mott Foundation CohnReznick LLP Duke Endowment, The Forsys SubseaAPL (America) LLC Blue Ridge Mountain Resources Chartwell Hospitality LLC Colorado Rockies Baseball Club Duke Energy Corporation Fort Dearborn CompanyApollo Global Management, LLC BMW Manufacturing Company, LLC Cheniere Energy, Inc. Columbia Sportswear Company Duke University Fortune Brands Home & Security, Inc.Aramark BMW of North America, LLC Chesapeake Energy Corporation Commonwealth of Kentucky E.I. du Pont de Nemours & Company Franciscan Health SystemArdent Health Services BNSF Railway Chesterfield County, Virginia Commonwealth of Virginia East Kentucky Power Cooperative Franklin InternationalAres Management, LLC Boehringer Ingelheim Vetmedica, Inc. Chevron Corporation Community Health Network eBay Inc. Frazier & Deeter, LLCArete Associates Boeing Company, The CHI St. Luke's Health System Compass Group North America Ecopetrol America Inc Fred Hutchinson Cancer Research CenterArizona Diamondbacks Booz Allen Hamilton Chicago Cubs Baseball Club, LLC Condé Nast Einstein Noah Restaurant Group, Inc. Freeport-McMoRan Oil & Gas (Plains Exp.)Arkansas Blue Cross Blue Shield BorgWarner, Inc. Chicago White Sox, Ltd. Cone Health EisnerAmper LLP Fruitful Yield, TheArkansas Electric Cooperatives BOS Solutions, Inc. Chick-fil-A, Inc. ConocoPhillips Company Elliott Davis Decosimo, LLC Galion Community HospitalArmstrong Flooring Inc. Boston Red Sox Baseball Club Children's Hospital of King's Daughters Consolidated Edison, Inc. Ellucian Gates CorporationAscent Resources Boston University Children's Hospital of Richmond at VCU Constellation Brands Emerson College Geisinger Health SystemAshland Inc. BP Corporation North America Children's Mercy Hospital and Clinics Continental - Rubber Emory University General AtomicsAthlon Solutions Brandeis University Children's National Health System Continental Carbonic Products Empire District - Liberty Utilities General Motors CorporationAtlanta Braves Breitburn Management Company, LLC China Shipping (N.A.) Agency Co., Inc. Continental Resources, Inc. Enbridge, Inc. Genesis Energy, LLCAtlantic Container Line Brigham Young University Chipotle Mexican Grill Core Laboratories Encana Services Company Ltd. George Washington UniversityAtlas Energy Group LLC Brookings Institution, The Chobani Cornell University Endo Pharmaceuticals Georgetown UniversityATS Automation Tooling Systems, Inc. Brother International Corporation Christopher & Banks Cornerstone Research, Inc. Energen Resources Corporation Georgia System OperationsAutomobile Club of Southern California BSA Health System Church & Dwight Co., Inc. COSCO Americas, Inc. Energy Insurance Mutual Georgia Transmission CorporationSeattle Mariners Skoll Foundation Southwest Power Pool State of North Carolina Syracuse University Thrivent FinancialSecure Energy Services USA LLC SM Energy Company Southwestern Energy Company State of South Carolina Talisman Energy USA, Inc. Tommy BahamasSeminole Electric Cooperative, Inc. Sodexo SRC, Inc. State of Tennessee Tampa Bay Rays Baseball, Ltd. Toronto Blue Jays Baseball ClubSentara Healthcare Solvay USA, Inc. SRI International State of West Virginia TD Ameritrade Total E&P USA, Inc.Shands HealthCare South Jersey Industries, Inc. St. Elizabeth Healthcare StatOil North America Tenaris Total Terminals InternationalShire US Holdings, Inc. Southern Company Gas St. Louis Cardinals, LLC Subaru of America, Inc. Terumo Americas Holdings Inc. TOTE Maritime AlaskaSidley Austin Southern Company, Inc. Stantec Consulting Services, Inc. Subaru of Indiana Automotive, Inc. Texas Children's Hospital TOTE Maritime Puerto RicoSilgan Containers Corporation Southern Methodist University State of Arizona Summa Health System Texas Rangers Baseball Club Town of Gilbert, AZSimpson Manufacturing Company, Inc. Southside Regional Medical Center State of Georgia Sunflower Electric Power Corporation The Sun Products Corporation Toyota North AmericaWestern International Gas and Cylinders Westrock Company Whitney Museum of American Art William and Flora Hewlett Foundation,The Wincor Nixdorf, Inc. Wolverine Trading, LLCWestlake Chemical Company Wheaton College Whole Foods Market Wilson Memorial Hospital Wipfli LLP Wounded Warrior ProjectSirius America Insurance Company Southwest Gas Corporation State of Maryland Swedish Medical Center Thiele Kaolin Company TPG Global, LLC

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Gibson Energy LLC Hyundai Motor Manufacturing Alabama L Brands, Inc. Mercury Insurance Group NorthShore University Health System PricewaterhouseCoopersGilead Sciences, Inc. Illinois Central Railroad/CN L.L. Bean, Inc. Metropolitan Life Insurance Co. Northwest Evaluation Association Principal Financial GroupGlumac Illinois Tool Works, Inc. Lands' End, Inc. Metropolitan Sewer District NorthWestern Energy ProAssurance CorporationGolden Spread Electric Cooperative Imerys Latin American Agribusiness Dev. Corp. Miami Marlins, LP Northwestern University Progressive InsuranceGordon and Betty Moore Foundation Inalfa Roof Systems, Inc. Lawrence Livermore National Laboratory MicroSeismic, Inc. NovaGold USA, Inc. Providence Health and ServicesGowan Company, LLC Incyte Corporation Ledcor Contractor's Group, Inc. Midcontinent Independent System Operator Novartis Pharmaceuticals Coporation PTC Therapeutics, Inc.Graco Inc. Indiana University Lee Memorial Health System MidWest Energy, Inc. Nuveen Investments, Inc. Public Company Accounting Oversight BrdGrange Mutual Casualty Company Infirmary Health System, Inc. Legacy Community Health Services Milwaukee Brewers Baseball Club NW Natural Purdue UniversityGreat Plains Energy, Inc.- KCPL Inova Children's Hospital Legg Mason and Company, LLC Minnesota Twins NYK Line (North America), Inc. QBE Holdings, Inc.Group Health Cooperative INOVA Health System Lehigh Hanson Inc. Mission Health System Oakland A's Networks Association QEP Resources, Inc.Haldex Institute for Defense Analyses-IDA Lehigh University Missouri Employers Mutual Occidental Petroleum Corporation (OXY) Queens Care Health CentersHalliburton Company Intel Corporation Leidos Holdings Inc. MITRE Corporation Oceaneering International, Inc. Rabo Agrifinance, Inc.Hallmark Cards-Retail Corporate Stores International Imaging Materials, Inc. Leprino Foods Company MOL America, Inc. Oglethorpe Power Corporation RaceTrac Petroleum, Inc.Hamburg Sud North America, Inc. International Paper Lesley University Monroe Energy, LLC OhioHealth RAND CorporationHancock Holding Co. Intrepid Potash, Inc. Leupold and Stevens Inc. Moss Adams LLP Oklahoma Municipal Power Authority Randstad North America, Inc.Hanjin Shipping America, LLC Investment Company Institute Lexmark International, Inc. Mount Holyoke College Omaha Public Power District Range Resources CorporationHanover County, Virginia IronPlanet, Inc. LG&E and KU Energy, LLC. Mount Saint Mary's University OMNI Hotels & Resorts Rasmussen, Inc.Hanover Insurance Group, Inc. ISN Software Corporation LHP Hospital Group, Inc. Mount Sinai Medical Center Oncor Electric Delivery Company, Inc. Raytheon CompanyHapag-Lloyd (America) Inc. ISO New England, Inc. Lilly Pulitzer MultiCare Health System Oneida Nation Enterprises, LLC Regency Centers CorporationHarris Corporation ITC Lincoln Electric System Murphy Oil Corporation ONEOK, Inc. Regeneron Pharmaceuticals, Inc.Harris County, Texas J. Paul Getty Trust, The Lincoln Financial Group Mutual of Omaha Insurance Company OOCL (USA) Inc. Regions Financial CorporationHarris Health System Jackson Health System Lindt & Sprungli (USA) Inc. Nabors Industries, Inc. Orbital ATK, Inc. Resolute Energy CorporationHartford Financial Services Group, Inc., James Irvine Foundation, The Liquidnet Holdings, Inc. NASCO Orlando Health Rexnord LLCHaverty Furniture Companies, Inc. James R. Glidewell Dental Ceramics Littelfuse, Inc. National Association of Home Builders Orora North America Ritchie Bros. Auctioneers, Inc.HCA - Virginia Health System Jazz Pharmaceuticals, Inc. LMI National Fuel Gas Otsuka America Pharmaceuticals, Inc. Rite Aid CorporationHCC Insurance Holdings, Inc. Jet Propulsion Laboratory Lockheed Martin Corporation National Grid Overlake Hospital Robert Wood Johnson FoundationHelmerich & Payne, Inc. Jo Ann Fabric & Craft Stores Los Angeles Angels of Anaheim National Life of Vermont Oxford Industries, Inc. Rockefeller Foundation, TheHenderson Engineers, Inc. John D. and Catherine T. MacArthur Found Los Angeles Dept. of Water and Power National Oilwell Varco Pacific Gas & Electric Company Roper St. Francis HealthcareHenkel Corporation John Templeton Foundation Los Angeles Dodgers Nationwide Children's Hospital Pacific Life Insurance Company RSI-Restaurant Services, Inc.Henry Ford Health System Kansas City Life Insurance Lovelace Health System Navigant Consulting, Inc. Panera Bread Company RSM US LLPHenry J. Kaiser Family Foundation, The Kansas City Royals Baseball Corporation Lowe's Companies, Inc. Navigators Group, Inc., The Parkview Health System, Inc. Rue La LaHERE North America, LLC Kansas City Southern Railway Company,The Luck Companies Navistar, Inc. Paychex, Inc. Ryder System, Inc.Herman Miller, Inc. Kawasaki Motors Corp., U.S.A. Lululemon Athletica Nebraska Public Power District Payless ShoeSource, Inc. Sabine Oil and Gas CorporationHershey Company, The KBRwyle Lundbeck LLC Nemours Children's Hospital PDC Energy, Inc. SAIF CorporationHess Corporation KEG 1, LLC Maersk, Inc. New York Community Bancorp, Inc. Peet's Coffee and Tea, LLC Salesforce.comHighland Hospital Kelsey-Seybold Clinic Mallinckrodt Pharmaceuticals New York Independent System Operator PepsiCo, Inc. Salt River ProjectHilcorp Energy Company Kennedy Krieger Institute ManTech International Corporation New York Mets Baseball Club Pew Charitable Trusts, The Samson Resources CorporationHillcrest HealthCare System Kerry, Inc. Marathon Oil Company New York University Philadelphia Phillies Samuel Merritt UniversityHolzer Health System Keyera Energy Corporation Marcum LLP New York Yankees Phoenix Companies, Inc., The San Bernardino County Fire DepartmentHome Depot Inc. Kia Motors America, Inc. Margaret A. Cargill Philanthropies Newfield Exploration Company Piedmont Natural Gas Company San Diego PadresHonda of America Mfg., Inc. Kia Motors Manufacturing Georgia, Inc. Marshall B. Ketchum University Newmont Mining Corporation Pinal County, AZ San Francisco Foundation, TheHouston McLane Company, Inc. (Astros) Kiewit Corporation Mary Washington Healthcare Nexen Petroleum USA Inc. Pioneer Natural Resources USA, Inc. San Francisco GiantsHouston Methodist Kinder Morgan, Inc. Matheson Tri-Gas NGK Spark Plugs (U.S.A.), Inc. Pittsburgh Pirates SandRidge Energy, Inc.Howard Hughes Medical Institute Knights of Columbus Matson Navigation Company Nissan North America, Inc. PJM Interconnection, L.L.C. Sanitation District No. 1HSN Inc. Koch Enterprises, Inc. Mazda North America Operations Noble Energy, Inc. Plante & Moran, PLLC Santa Clara Valley Medical CenterHunt Oil Company Kohler Company M-E Engineers, Inc. Norfolk Southern Corporation Polaris Industries Inc. SAP America Inc.Huntington Bancshares Inc. KONE, Inc. Memorial Healthcare System - FL North American Stamping Group, L.L.C. Positronic Industries Sasol North AmericaHypertherm Inc. KPMG LLP Memorial Hermann Health System - TX Northeast Texas Electric Cooperative PowerSouth Energy Cooperative Schlumberger Technology CorpHyundai Merchant Marine America, Inc. Kresge Foundation, The Mercedes-Benz U.S. International, Inc. Northeastern University Precision Drilling US Corporation Science Applications International Corp.Hyundai Motor America Krispy Kreme Doughnut Corporation Mercedes-Benz USA, LLC Northrop Grumman Corporation Presbyterian Healthcare Services Seadrill Americas, Inc.Travelers Companies, Inc., The Under Armour University of North Carolina, The Urban Institute, The VF Corporation WakeMed Health and Hospital SystemTREMEC Corporation Union Pacific Railroad Corporation University of Pennsylvania USAA Vine Management Services, LLC Warburg Pincus LLCTriHealth United States Olympic Committee University of Rochester Valley Health System Virginia Commonwealth University Health Washington Nationals Baseball ClubTronox Alkali United Therapeutics Corporation University of Southern California Valley Medical Center Virginia Mason Medical Center Washington University in St. LouisTropical Shipping USA, LLC University of California, Berkeley University of TX -MD Anderson Cancer Ctr ValleyCare Health System (CA) Virginia Urology Wegmans Food MarketsTufts University University of California, Los Angeles University of Virginia Vectren Corporation Vista Host, Inc. Weiler CorporationTulane University University of Colorado at Boulder University of Virginia Health System Venari Resources Volkswagen Group of America Wellesley CollegeTupperware Brands Corporation University of Kentucky University of Washington Physicians Venoco, Inc. Volkswagen Group of America Chattanooga Wells Fargo & CompanyU.S. Office of Personnel Management University of Miami University of Wisconsin - Madison Vermilion Energy Volvo Cars of North America, LLC West Coast UniversityUC Health University of Michigan Upsher-Smith Laboratories, Inc. Vertex Pharmaceuticals, Inc. W.K. Kellogg Foundation Western Electricity Coordinating CouncilWPX Energy, Inc. Yang Ming (America) Corporation Zim American Integrated Shipping ServiceXL Catlin Yum! Brands, Inc. Zulily, LLC

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A D D I T I O N A L R E S O U R C E SR E P O R T O P T I O N S

SUMMARY OF PLAN STATISTICS (SPS)Designed to provide basic benchmarking of plan details and counts where quantifiable statistics are available for the 10th, 25th, 50th, 75th, and 90th percentiles.

BENEFITS PREVALENCE REPORT (BPR)Compares multiple peer group(s) to your own benefits, organized by number of responses within each benefit category.

SUMMARY OF PLAN FEATURES (SPF)Offers a side-by-side comparison providing the opportunity to examine the details of each plan provision.

CALL US AT 502 561 4578 orVISIT IMERCER.COM/GETBENEFITS

FULL BENEFITS VALUATION ANALYSIS (BVA) A custom, comparative, benchmarking report analyzing how benefit plans compare to the chosen peer group in degrees of increasing specificity — by all plans together, by plan groupings (i.e., retirement/savings, health/group, and time loss), and by individual plans. For each degree of specificity noted above, the BVA displays the values and comparative results for 11 sample benchmark employees and a composite workforce.

BASIC BENEFITS VALUATION ANALYSIS (BBVA)A condensed report highlighting your ranking and index compared to a custom peer group; includes the most popular features of the BVA with a comprehensive overview at a reduced price point.

TOTAL REMUNERATION INDEX (TRI)The most in-depth analysis available, the TRI takes the BVA a step further to value both compensation and benefits programs for an accurate evaluation of your total rewards package.

Today’s ever-changing work environment requires companies to rethink their approach to total rewards. The shift in trends has made it imperative for companies to expand their rewards strategy to focus on the whole rewards package instead of simply compensation and incentives. The United States Benefits Benchmarking Group (BBG) aims to assist companies in assessing and strengthening the benefits portion of their total rewards package.

P R E V A L E N C E R E P O R T S

V A L U E - B A S E D R E P O R T SD E L I V E R A B L E S

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2017-2018 SPOTLIGHT ON BENEFITS Factual · Health Plans Consumer Driven Plans have increased by...

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Transcript of 2017-2018 SPOTLIGHT ON BENEFITS Factual · Health Plans Consumer Driven Plans have increased by...