Bundled DB services

[Guest Spock]

If you work for a plan sponsor and can provide candid, confidential observations on any of the bundled DB service providers listed below I would appreciate it. Please provide observations from personal experience only. E-mails are fine; I don't want to bash anybody in a public forum. However, if you have a good experience with a provider and want to sing their praises, I suppose that would be OK.

Providers being considered for bundled actuarial and total outsource admin services are listed in alphabetical order:

Buck

Hewitt

JP Morgan

Mercer

Watson Wyatt

[SoCalActuary]

Each one of these has highly competent, motivated professionals, as does AON, who would be on the same list.

(Unless you are looking to leave AON.)

Each will have some very good and some mediocre actuaries, consultants, administrators, and benefits lawyers.

I seriously doubt that any of them has a significant business advantage over the others, but I would expect that some of them have a short term technology edge over others.

[John Feldt ERPA CPC QPA]

Milliman is another that does this. Used to be Milliman & Roberts, I think.

[Guest Grant]

Don't forget USI Consulting Group!

We are just as good as those guys, but much more reasonable fees.