Employee benefits consultants/managers: ranked by number of L.A. County employees involved in employee benefits services.EXECUTIVE SUMMARY EMPLOYMENT among the 15 largest employee benefits firms held steady for the year, with 1,033 benefits consultants in L.A. County offices. Mercer Human Resource Consulting Mercer Human Resource Consulting is a human resource consulting firm that publishes the oft-quoted "Worldwide Cost of Living Survey." External links
Watson Wyatt Worldwide moved up a rung in the Top 5 by adding 36 benefits employees, to 115 countywide coun·ty·wide adv. & adj. Throughout a whole county: found at locations countywide; a countywide search. Adj. 1. . Marsh Inc. advanced to the Top 10, increasing its employee benefits staff to 44 in L.A. County. The growth came from increased demand in the benefits sector and the integration of its small enterprise business unit into Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. operations, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Managing Director Paul Gibbs Paul Derek Gibbs (born October 26, 1972 in Gorleston) is an English former professional footballer. Gibbs, a left back, began his career at Norwich City as a youngster, followed by an apprenticeship at Scunthorpe United. . Shedding shedding, n See exfoliation. shedding 1. exfoliation of entire skin, called also ecdysis, exuviate. 2. falling out of haircoat. 3. putting animals into a shed. 4. more than half of its employee benefits staff, Segal Se·gal , George 1924-2000. American sculptor known for his realistic plaster casts of people in ordinary situations. Noun 1. Segal - United States sculptor (born in 1924) George Segal Co. fell four places to No. 15. Although the New York-based firm saw significant cuts in employee benefits staff in both Los Angeles and companywide, total staffing increased by 25 percent in L.A. County. THE TRENDS [GRAPHIC OMITTED] THE PACESETTER MERCER mer·cer n. Chiefly British A dealer in textiles, especially silks. [Middle English, from Old French mercier, trader, from merz, merchandise, from Latin merx HUMAN RESOURCES The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. CONSULTING DESPITE a slight decline in overall staffing, Mercer Human Resources Consulting retained its title as largest employee benefits consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a in Los Angeles County for the seventh consecutive year. Mercer reported 152 benefits consulting employees in its L.A. County office, compared with 158 employees last year. Companies continue to keep a close eye on expenses, with rising health care and retirement costs a major concern, according to Glenn Meister
reapportion allocate, apportion - distribute according to a plan or set apart for a special purpose; "I am allocating a loaf of funding or reduce some benefits, said Meister. The firm is also helping companies retool re·tool v. re·tooled, re·tool·ing, re·tools v.tr. 1. To fit out (a factory, for example) with a new set of machinery and tools for making a different product. 2. benefits programs for corporations that want more control over benefits and human resource issues on a global scale, not only for cost savings reasons but for consistency Consistency can refer to:
"Corporations are concerned about governance Governance makes decisions that define expectations, grant power, or verify performance. It consists either of a separate process or of a specific part of management or leadership processes. Sometimes people set up a government to administer these processes and systems. issues and about things being done correctly," Meister said. Increased attention to corporate governance Corporate Governance The relationship between all the stakeholders in a company. This includes the shareholders, directors, and management of a company, as defined by the corporate charter, bylaws, formal policy, and rule of law. has aided Mercer's executive compensation practice as well. "Companies are under a microscope about board composition," said Meister. "They use consultants to advise changes and how to structure things at the top." Founded in 1937 as the employee services department of financial holding company Marsh & McLennan McLennan, MacLennan or Maclennan is a Scottish surname. It may refer to: People
A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. in 1975. Health care is the largest practice in Mercer's L.A. office, followed by the compensation and retirement practices, as well as HR systems and communications.
Employees
* employee benefits
Company (Ranking in 2002) (L.A. County/companywide)
* name * total
Rank * address (L.A. County/companywide)
1 Mercer Human Resource Consulting (1) 152/NA
777 S. Figueroa St., Suite 2000 211/13,000+
Los Angeles 90017
2 Deloitte & Touche LLP (2) 122/7,592
350 S. Grand Ave. 1,678/120,000
Los Angeles 90071
3 Aon Consulting (3) 121/7,835
707 Wilshire Blvd., Suite 5700 692/7,835
Los Angeles 90017
4 Watson Wyatt Worldwide (5) 115/5,000
10 Universal City Plaza, Suite 3500 195/6,200
Universal City 91608
5 Towers Perrin (4) 90/5,026
1925 Century Park East, Suite 1500 109/8,210
Los Angeles 90067
6 Keenan & Associates (7) 65/135
2355 Crenshaw Blvd., Suite 200 350/575
Torrance 90501
7 Price Raffel & Browne Inc. (8) 60/85
1925 Century Park East, Fourth Floor 85/170
Los Angeles 90067
8 Louis Kravitz & Associates Inc. (9) 54/same
15760 Ventura Blvd., Suite 910 76/same
Encino 91436
9 Gallagher Benefit Services Inc. (6) 52/870
505 N. Brand Blvd., Sixth Floor 260/7,100
Glendale 91203
10 Marsh Inc. (15) 44/1,400
777 S. Figueroa St. 650/38,000
Los Angeles 90017
11 Mellon Human Resources & Investor 40/5,000+
Solutions (1) (10) 52/5,000+
1801 Century Park East, Suite 500
Los Angeles 90067
12 Actuarial Consultants Inc. (13) 35/same
2377 Crenshaw Blvd., Suite 350 35/same
Torrance 90501
13 Peter C. Foy & Associates 32/same
Insurance Svs. (14) 32/same
21650 0xnard St., Suite 1900
Woodland Hills 91367
14 Actuaries Unlimited Inc. 31/40
1582 Ventura Blvd., Suite 520 31/40
Encino 91436
15 The Segal Co. (11) 20/500
330 N. Brand Blvd., Suite 500 75/1,200
Glendale 91203
Company (Ranking in 2002)
* name L.A. Clients
Rank * address (partial list)
1 Mercer Human Resource Consulting (1) Northrop Grumman Corp.,
777 S. Figueroa St., Suite 2000 County of Los Angeles,
Los Angeles 90017 Computer Sciences Corp.
2 Deloitte & Touche LLP (2) WND
350 S. Grand Ave.
Los Angeles 90071
3 Aon Consulting (3) WND
707 Wilshire Blvd., Suite 5700
Los Angeles 90017
4 Watson Wyatt Worldwide (5) WND
10 Universal City Plaza, Suite 3500
Universal City 91608
5 Towers Perrin (4) Northrop Grumman Corp.,
1925 Century Park East, Suite 1500 Farmers Insurance Group,
Los Angeles 90067 Nestle USA Inc.
6 Keenan & Associates (7) WND
2355 Crenshaw Blvd., Suite 200
Torrance 90501
7 Price Raffel & Browne Inc. (8) Temple Hospital, Music
1925 Century Park East, Fourth Floor Express, Wexler Video,
Los Angeles 90067 Brandeis Institution
8 Louis Kravitz & Associates Inc. (9) Munger Tolles & Olson
15760 Ventura Blvd., Suite 910 LLP, Reliance Steel &
Encino 91436 Aluminum Co., The
Employers Group
9 Gallagher Benefit Services Inc. (6) WND
505 N. Brand Blvd., Sixth Floor
Glendale 91203
10 Marsh Inc. (15) WND
777 S. Figueroa St.
Los Angeles 90017
11 Mellon Human Resources & Investor Walt Disney Co.,
Solutions (1) (10) Computer Sciences Corp.,
1801 Century Park East, Suite 500 L.A. Fire and Police
Los Angeles 90067
12 Actuarial Consultants Inc. (13) Metro-Goldwyn-Mayer Inc.,
2377 Crenshaw Blvd., Suite 350 Panavision, Reish Luftman
Torrance 90501 Reicher & Cohen
13 Peter C. Foy & Associates J.D. Power & Assoc.,
Insurance Svs. (14) Dick Clark Productions,
21650 0xnard St., Suite 1900 Dewey Pest Control
Woodland Hills 91367
14 Actuaries Unlimited Inc. WND
1582 Ventura Blvd., Suite 520
Encino 91436
15 The Segal Co. (11) WND
330 N. Brand Blvd., Suite 500
Glendale 91203
Company (Ranking in 2002) Employee Benefits
* name Consulting Services
Rank * address Offered (partial list)
1 Mercer Human Resource Consulting (1) retirement and savings
777 S. Figueroa St., Suite 2000 plan, welfare plan
Los Angeles 90017 consulting, benefits
communications, benefits
administration
2 Deloitte & Touche LLP (2) retirement and savings
350 S. Grand Ave. plan, welfare plan
Los Angeles 90071 consulting, benefits
communications,
HR operations
3 Aon Consulting (3) retirement and savings
707 Wilshire Blvd., Suite 5700 plan, welfare plan
Los Angeles 90017 consulting, benefits
communications, benefits
administration
4 Watson Wyatt Worldwide (5) retirement and savings
10 Universal City Plaza, Suite 3500 plan, welfare plan
Universal City 91608 consulting, benefits
communications
5 Towers Perrin (4) retirement and savings
1925 Century Park East, Suite 1500 plan, welfare plan
Los Angeles 90067 consulting, benefits
communications, benefits
administration
6 Keenan & Associates (7) retirement and savings
2355 Crenshaw Blvd., Suite 200 plan, welfare plan
Torrance 90501 consulting, benefits
communications, benefits
administration
7 Price Raffel & Browne Inc. (8) retirement and savings
1925 Century Park East, Fourth Floor plan, welfare plan
Los Angeles 90067 consulting, benefits
communications, beneftts
administration
8 Louis Kravitz & Associates Inc. (9) retirement and savings
15760 Ventura Blvd., Suite 910 plan
Encino 91436
9 Gallagher Benefit Services Inc. (6) retirement and savings
505 N. Brand Blvd., Sixth Floor plan, welfare plan
Glendale 91203 consulting, benefits
communications, benefits
administration
10 Marsh Inc. (15) retirement and savings
777 S. Figueroa St. plan, welfare plan
Los Angeles 90017 consulting, benefits
communications, benefits
administration
11 Mellon Human Resources & Investor welfare plan consulting,
Solutions (1) (10) benefits communications,
1801 Century Park East, Suite 500 benefits administration
Los Angeles 90067
12 Actuarial Consultants Inc. (13) profit sharing, 401(k),
2377 Crenshaw Blvd., Suite 350 defined benefit, cash
Torrance 90501 balance, money purchase
pension plans
13 Peter C. Foy & Associates retirement and savings
Insurance Svs. (14) plan, welfare plan
21650 0xnard St., Suite 1900 consulting, benefits
Woodland Hills 91367 communications, benefits
administration
14 Actuaries Unlimited Inc. retirement and savings
1582 Ventura Blvd., Suite 520 plan, welfare plan
Encino 91436 consulting, benefits
communications, benefits
administration
15 The Segal Co. (11) welfare plan consulting,
330 N. Brand Blvd., Suite 500 benefits communications,
Glendale 91203 benefits administration,
compensation
Company (Ranking in 2002)
* name Other Services Offered
Rank * address (partial list)
1 Mercer Human Resource Consulting (1) international,
777 S. Figueroa St., Suite 2000 performance, measurement
Los Angeles 90017 and reward, technology
and operations
2 Deloitte & Touche LLP (2) audit, taxation, internal
350 S. Grand Ave. audit, M&A, corporate
Los Angeles 90071 finance, IT solutions,
operations/strategy
3 Aon Consulting (3) compensation, human
707 Wilshire Blvd., Suite 5700 resources, management
Los Angeles 90017 consulting, human
resources outsourcing
4 Watson Wyatt Worldwide (5) none
10 Universal City Plaza, Suite 3500
Universal City 91608
5 Towers Perrin (4) executive compensation,
1925 Century Park East, Suite 1500 compensation consulting,
Los Angeles 90067 organization and employee
research
6 Keenan & Associates (7) workers compensation,
2355 Crenshaw Blvd., Suite 200 property and liability
Torrance 90501 claims administration
insurance brokerage
7 Price Raffel & Browne Inc. (8) life and health
1925 Century Park East, Fourth Floor insurance, 401 (k)
Los Angeles 90067 planning, executive
compensation
8 Louis Kravitz & Associates Inc. (9) new comparability plans,
15760 Ventura Blvd., Suite 910 cash balance plans,
Encino 91436 executive retirement
plans, 401 (k) vendor
selection
9 Gallagher Benefit Services Inc. (6) property and casualty
505 N. Brand Blvd., Sixth Floor risk management,
Glendale 91203 investment consulting,
captive services
10 Marsh Inc. (15) property and casualty
777 S. Figueroa St. brokerage, risk
Los Angeles 90017 consulting, private
client services
11 Mellon Human Resources & Investor none
Solutions (1) (10)
1801 Century Park East, Suite 500
Los Angeles 90067
12 Actuarial Consultants Inc. (13) fiduciary liability
2377 Crenshaw Blvd., Suite 350 consulting, compliance
Torrance 90501 reviews, compensation
strategies
13 Peter C. Foy & Associates property and casualty
Insurance Svs. (14) insurance, risk
21650 0xnard St., Suite 1900 management services
Woodland Hills 91367
14 Actuaries Unlimited Inc. benefit strategies, plan
1582 Ventura Blvd., Suite 520 audits, benefit education
Encino 91436 seminars, union benefit
plans
15 The Segal Co. (11) strategic and management
330 N. Brand Blvd., Suite 500 consulting, investment
Glendale 91203 management, technology
Profile
Company (Ranking in 2002) * year established
* name * parent company
Rank * address * headquarters
1 Mercer Human Resource Consulting (1) 1937
777 S. Figueroa St., Suite 2000 Marsh & McLennan Cos.
Los Angeles 90017 New York
2 Deloitte & Touche LLP (2) 1916
350 S. Grand Ave. Deloitte Touche Tohmatsu
Los Angeles 90071 New York
3 Aon Consulting (3) 1934
707 Wilshire Blvd., Suite 5700 Aon Corp.
Los Angeles 90017 Chicago
4 Watson Wyatt Worldwide (5) 1946
10 Universal City Plaza, Suite 3500 Watson Wyatt & Co.
Universal City 91608 Washington, D.C.
5 Towers Perrin (4) 1934
1925 Century Park East, Suite 1500 same
Los Angeles 90067 Stamford, Conn.
6 Keenan & Associates (7) 1972
2355 Crenshaw Blvd., Suite 200 same
Torrance 90501 Torrance
7 Price Raffel & Browne Inc. (8) 1962
1925 Century Park East, Fourth Floor Union Central Life
Los Angeles 90067 Ins. Co.
Cincinnati
8 Louis Kravitz & Associates Inc. (9) 1977
15760 Ventura Blvd., Suite 910 same
Encino 91436 Encino
9 Gallagher Benefit Services Inc. (6) 1927
505 N. Brand Blvd., Sixth Floor Arthur J. Gallagher & Co.
Glendale 91203 Itasca, Ill.
10 Marsh Inc. (15) 1923
777 S. Figueroa St. Marsh & McLennan Cos.
Los Angeles 90017 New York
11 Mellon Human Resources & Investor 1986
Solutions (1) (10) Mellon Financial Corp.
1801 Century Park East, Suite 500 Pittsburgh
Los Angeles 90067
12 Actuarial Consultants Inc. (13) 1983
2377 Crenshaw Blvd., Suite 350 same
Torrance 90501 Torrance
13 Peter C. Foy & Associates 1981
Insurance Svs. (14) same
21650 0xnard St., Suite 1900 Woodland Hills
Woodland Hills 91367
14 Actuaries Unlimited Inc. 1979
1582 Ventura Blvd., Suite 520 same
Encino 91436 Encino
15 The Segal Co. (11) 1938
330 N. Brand Blvd., Suite 500 same
Glendale 91203 New York
Top Local Executive
Company (Ranking in 2002) * name
* name * title
Rank * address * phone
1 Mercer Human Resource Consulting (1) Glenn Meister
777 S. Figueroa St., Suite 2000 L.A. office leader
Los Angeles 90017 (213) 346-2200
2 Deloitte & Touche LLP (2) David Lusk
350 S. Grand Ave. mng. dir., pacific
Los Angeles 90071 southwest
(213) 688-0800
3 Aon Consulting (3) John Evans
707 Wilshire Blvd., Suite 5700 senior vice president
Los Angeles 90017 (213) 630-2900
4 Watson Wyatt Worldwide (5) Tom Porath
10 Universal City Plaza, Suite 3500 managing consultant
Universal City 91608 (818) 623-4500
5 Towers Perrin (4) Michael Fox
1925 Century Park East, Suite 1500 managing principal
Los Angeles 90067 (310) 551-5600
6 Keenan & Associates (7) Sean K. Smith
2355 Crenshaw Blvd., Suite 200 ceo, president
Torrance 90501 (310) 212-3344
7 Price Raffel & Browne Inc. (8) Leo Thomas
1925 Century Park East, Fourth Floor managing partner
Los Angeles 90067 (310) 551-3125
8 Louis Kravitz & Associates Inc. (9) Louis Kravitz
15760 Ventura Blvd., Suite 910 president
Encino 91436 (818) 995-6100
9 Gallagher Benefit Services Inc. (6) Norbert H. Chung
505 N. Brand Blvd., Sixth Floor area president
Glendale 91203 (818) 539-2300
10 Marsh Inc. (15) Paul Gibbs
777 S. Figueroa St. managing director
Los Angeles 90017 (213) 624-5555
11 Mellon Human Resources & Investor Jon L. King
Solutions (1) (10) market leader
1801 Century Park East, Suite 500 (310) 282-8232
Los Angeles 90067
12 Actuarial Consultants Inc. (13) Patrick Byrnes
2377 Crenshaw Blvd., Suite 350 president
Torrance 90501 (310) 212-2600
13 Peter C. Foy & Associates Peter C. Foy
Insurance Svs. (14) president
21650 0xnard St., Suite 1900 (818) 703-8057
Woodland Hills 91367
14 Actuaries Unlimited Inc. Stanley Weisleder
1582 Ventura Blvd., Suite 520 president
Encino 91436 (818) 325-8800
15 The Segal Co. (11) Thomas M. Morrison Jr.
330 N. Brand Blvd., Suite 500 senior vice president
Glendale 91203 (818) 956-6700
NA--Not Available
WND--Would Not Disclose
(1) Formerly Buck Consultants Inc.
Note: Information on this list was provided by representatives of
the companies themselves. Firms are ranked by the number of L.A.
County employees involved in employee benefits services. MMC Inc.,
No. 12 last year, may have qualified for this list but failed to
provide updated information.
To the best of our knowledge, this information is accurate as of
press time. While every effort is made to ensure the accuracy and
thoroughness of the list, omissions and typographical errors
sometimes occur. Please send corrections or additions on company
letterhead to the Research Department, Los Angeles Business Journal,
5700 Wilshire Blvd., Suite 170, Los Angeles 90036. [c] 2003 Los
Angeles Business Journal. This list may not be reprinted in whole
or in part without prior written permission from the editor.
Reprints are available from Wright's Reprints, (877) 652-5295.
Researched by Nicole Taylor
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