Employee benefits consultants/managers: ranked by number of L.A. County employees involved in benefits services.EXECUTIVE SUMMARY The two largest employee benefits firms in L.A. County traded places, with 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
Fourteen of the 15 companies on the list reported an increase or no change in the number of benefits employees. Polycomp Administrative Services Inc. jumped three spots to No. 12, with a 63-percent increase in benefits consultants. The only firm to report fewer benefits employees is No. 7 Mullin Mullin is a surname, and may refer to
after murder of his master, leads wolf pack. [Am. Lit.: The Call of the Wild] See : Dogs Buck clever and temerarious dog perseveres in the Klondike. [Am. Lit.: Call of the Wild] See : Resourcefulness Consultants, formerly Mellon 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. & Investor Solutions, changed names after its sale to Dallas-based Affiliated Computer Services Affiliated Computer Services (ACS) (NYSE: ACS) is a Fortune 500 company that provides information technology outsourcing as well as business process outsourcing solutions to businesses, government agencies, and non-profit organizations. . The 15 largest firms employ 1,104 benefits employees in L.A. County, an increase of 9 percent over the previous year. Overall, they have 4,610 employees locally. THE PACESETTER MERCER HUMAN RESOURCE CONSULTING THE New York-based firm returned to the top of this year s list, with an increase of 24 employee benefits consultants in its L.A. County office, for a total of 173. One of the biggest changes over the past year was the merger of Marsh Inc.'s benefits consultancy with Mercer's. "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 is providing services to all market segments from the smallest employers to the largest," said Glenn Meister
The combined unit creates one of the largest bases of health care purchasers, besides the federal government. Aside from salaries and wages, medical costs remain the largest expense for employers. Companies have been forced to look for alternatives, although traditional HMO HMO health maintenance organization. HMO n. A corporation that is financed by insurance premiums and has member physicians and professional staff who provide curative and preventive medicine within certain financial, plans remain a viable option locally. "HMOs in Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, have been around a long time and it's it's 1. Contraction of it is. 2. Contraction of it has. See Usage Note at its. it's it is or it has it's be ~have a more efficient model than in other parts of the country," Meister said. Another trend for Mercer clients is the centralization cen·tral·ize v. cen·tral·ized, cen·tral·iz·ing, cen·tral·iz·es v.tr. 1. To draw into or toward a center; consolidate. 2. of human resources operations. "U.S. corporate headquarters are taking a more active role in their human resources programs as they expand overseas operations," Meister said. Founded in 1937, Mercer Human Resource Consulting employs more than 15,000 people worldwide.
Rank Company Employees
(Ranking in 2004) * employee
* name benefits
* address * total
(L.A. County/
company wide)
1 Mercer Human Resource Consulting (2) 173/NA
777 S. Figueroa St., Suite 1900 249/15,000
Los Angeles 90017
2 Deloitte & Touche LLP (1) 166/7,821
2 350 S. Grand Ave. 1,781/120,000
Los Angeles 90071
3 Aon Consulting (3) 132/7,000
3 707 Wilshire Blvd., Suite 5700 991/47,000
Los Angeles 90017
4 Watson Wyatt Worldwide (4) 125/5,000
10 Universal City Plaza, Suite 3500 225/5,900
Universal City 91608
5 Keenan & Associates (5) 70/150
2355 Crenshaw Blvd., Suite 200 390/650
Torrance 90501
6 Gallagher Benefit Services Inc. (8) 63/850
505 N. Brand Blvd., Sixth Floor 270/7,400
Glendale 91203
7 Mullin Consulting (6) 63/102
644 S. Figueroa St. 80/134
Los Angeles 90017
8 ABD Insurance and Financial Services 61/212
21250 Hawthorne Blvd., Suite 600 86/771
Torrance 90503
9 Price Raffel & Browne Inc. (7) 60/85
1925 Century Park East, Fourth Floor 85/170
Los Angeles 90067
10 Louis Kravitz & Associates Inc. (9) 43/same
15760 Ventura Blvd., Suite 910 60/same
Encino 91436
11 Buck Consultants, an ACS company (11) 37/2,000
1801 Century Park East, Suite 500 47/2,000
Los Angeles 90067
12 Polycomp Administrative Services 31/105
Inc. (15) 31/105
6400 Canoga Ave., Suite 250
Woodland Hills 91367
13 Peter C. Foy & Associates Insurance 31/same
Services Inc. 35/same
21650 Oxnard St., Suite 1900
Woodland Hills 91367
14 Lockton Benefit Group (13) 29/165
725 S. Figueroa St., 35th Floor 260/1,820
Los Angeles 90017
15 Stone Tapert Employee Benefits and
Financial Svcs. 20/22 20/23
3452 E. Foothill Blvd., Suite 1100
Pasadena 91107
Rank Company L.A.
(Ranking in 2004) Clients
* name (partial list)
* address
1 Mercer Human Resource Consulting (2) Northrop Grumman
777 S. Figueroa St., Suite 1900 Corp.,
Los Angeles 90017 County of Los Angeles,
Computer Sciences
Corp.
2 Deloitte & Touche LLP (1) WND
2 350 S. Grand Ave.
Los Angeles 90071
3 Aon Consulting (3) WND
3 707 Wilshire Blvd., Suite 5700
Los Angeles 90017
4 Watson Wyatt Worldwide (4) WND
10 Universal City Plaza, Suite 3500
Universal City 91608
5 Keenan & Associates (5) WND
2355 Crenshaw Blvd., Suite 200
Torrance 90501
6 Gallagher Benefit Services Inc. (8) WND
505 N. Brand Blvd., Sixth Floor
Glendale 91203
7 Mullin Consulting (6) WND
644 S. Figueroa St.
Los Angeles 90017
8 ABD Insurance and Financial Services WND
21250 Hawthorne Blvd., Suite 600
Torrance 90503
9 Price Raffel & Browne Inc. (7) Temple Hospital,
1925 Century Park East, Fourth Floor Wexler Video, Felina
Los Angeles 90067 Lingerie, Brandeis
Institute
10 Louis Kravitz & Associates Inc. (9) Munger Tolles & Olson
15760 Ventura Blvd., Suite 910 LLP, Reliance Steel &
Encino 91436 Aluminum Co.,
Healthcare Partners
Medical Group
11 Buck Consultants, an ACS company (11) Northrop Grumman
1801 Century Park East, Suite 500 Corp., L.A. Fire and
Los Angeles 90067 Police Department of
Pensions, County of
Los Angeles
12 Polycomp Administrative Services WND
Inc. (15)
6400 Canoga Ave., Suite 250
Woodland Hills 91367
13 Peter C. Foy & Associates Insurance Belkin Corp.,
Services Inc. J.D. Power &
21650 Oxnard St., Suite 1900 Associates, Dick Clark
Woodland Hills 91367 Productions
14 Lockton Benefit Group (13) WND
725 S. Figueroa St., 35th Floor
Los Angeles 90017
15 Stone Tapert Employee Benefits and WND
Financial Svcs. 20/22
3452 E. Foothill Blvd., Suite 1100
Pasadena 91107
Rank Company Employee Benefits
(Ranking in 2004) Consulting Services
* name Offered
* address (partial list)
1 Mercer Human Resource Consulting (2) welfare plan
777 S. Figueroa St., Suite 1900 benefits consulting,
Los Angeles 90017 communications,
benefits administration
consulting, HR
administration, M&A
2 Deloitte & Touche LLP (1) retirement and savings
2 350 S. Grand Ave. plan, welfare plan
Los Angeles 90071 consulting, benefits
communications, HR
operations,
compensation consulting
3 Aon Consulting (3) retirement and savings
3 707 Wilshire Blvd., Suite 5700 plan, welfare plan
Los Angeles 90017 consulting, benefits
communications,
benefits
administration,
compliance selection,
management consulting
4 Watson Wyatt Worldwide (4) retirement and savings
10 Universal City Plaza, Suite 3500 plan, welfare plan
Universal City 91608 consulting, benefits
communications
5 Keenan & Associates (5) retirement and savings
2355 Crenshaw Blvd., Suite 200 plan, welfare plan
Torrance 90501 consulting, benefits
communications,
benefits administration
6 Gallagher Benefit Services Inc. (8) retirement and savings
505 N. Brand Blvd., Sixth Floor plan, welfare plan
Glendale 91203 consulting, benefits
communications,
benefits administration
7 Mullin Consulting (6) retirement and savings
644 S. Figueroa St. plan, benefits
Los Angeles 90017 communications,
benefits administration,
executive benefit
consulting
8 ABD Insurance and Financial Services retirement and savings
21250 Hawthorne Blvd., Suite 600 plan, welfare plan
Torrance 90503 consulting
9 Price Raffel & Browne Inc. (7) retirement and savings
1925 Century Park East, Fourth Floor plan, welfare plan
Los Angeles 90067 consulting, benefits
communications,
benefits administration
10 Louis Kravitz & Associates Inc. (9) retirement and savings
15760 Ventura Blvd., Suite 910 plan, benefits
Encino 91436 communications
11 Buck Consultants, an ACS company (11) retirement and savings
1801 Century Park East, Suite 500 plan, welfare plan
Los Angeles 90067 consulting, benefits
communications,
benefits administration
12 Polycomp Administrative Services retirement and savings
Inc. (15) plan, welfare plan
6400 Canoga Ave., Suite 250 consulting, benefits
Woodland Hills 91367 communications,
benefits administration
13 Peter C. Foy & Associates Insurance retirement and savings
Services Inc. plan, welfare plan
21650 Oxnard St., Suite 1900 consulting, benefits
Woodland Hills 91367 communications,
benefits
administration, HR
consulting
14 Lockton Benefit Group (13) retirement and savings
725 S. Figueroa St., 35th Floor plan, welfare plan
Los Angeles 90017 consulting, benefits
communications,
benefits
administration, HR
consulting
15 Stone Tapert Employee Benefits and retirement and savings
Financial Svcs. 20/22 plan, welfare plan
3452 E. Foothill Blvd., Suite 1100 consulting, benefits
Pasadena 91107 communications,
benefits administration
Rank Company Other Services Offered
(Ranking in 2004) (partial list)
* name
* address
1 Mercer Human Resource Consulting (2) human capital strategy,
777 S. Figueroa St., Suite 1900 international,
Los Angeles 90017 investment
2 Deloitte & Touche LLP (1) audit, taxation,
2 350 S. Grand Ave. internal audit, Delodta
Los Angeles 90071 Touche Tohmatsu M&A,
corporate finance, IT
solutions
3 Aon Consulting (3) compensation, human
3 707 Wilshire Blvd., Suite 5700 resources outsourcing,
Los Angeles 90017 talent
4 Watson Wyatt Worldwide (4) N/A
10 Universal City Plaza, Suite 3500
Universal City 91608
5 Keenan & Associates (5) workers' compensation,
2355 Crenshaw Blvd., Suite 200 property and liability
Torrance 90501 claims administration,
insurance brokerage
6 Gallagher Benefit Services Inc. (8) property and casualty
505 N. Brand Blvd., Sixth Floor risk management,
Glendale 91203 investment consulting,
captive services
7 Mullin Consulting (6) nonqualified benefit
644 S. Figueroa St. plan financing
Los Angeles 90017
8 ABD Insurance and Financial Services property and casualty
21250 Hawthorne Blvd., Suite 600
Torrance 90503
9 Price Raffel & Browne Inc. (7) estate planning, 401
1925 Century Park East, Fourth Floor (k) planning, executive
Los Angeles 90067 compensation
10 Louis Kravitz & Associates Inc. (9) 401 (k) vendor
15760 Ventura Blvd., Suite 910 selection, actuarial
Encino 91436 services for executive
retirement plans
11 Buck Consultants, an ACS company (11) compensation
1801 Century Park East, Suite 500
Los Angeles 90067
12 Polycomp Administrative Services self directed IRAs,
Inc. (15) association trust
6400 Canoga Ave., Suite 250 administration
Woodland Hills 91367
13 Peter C. Foy & Associates Insurance property and casualty
Services Inc. lines, workers'
21650 Oxnard St., Suite 1900 compensation
Woodland Hills 91367
14 Lockton Benefit Group (13) N/A
725 S. Figueroa St., 35th Floor
Los Angeles 90017
15 Stone Tapert Employee Benefits and deferred compensation,
Financial Svcs. 20/22 estate planning,
3452 E. Foothill Blvd., Suite 1100 buy-sell agreements
Pasadena 91107
Rank Company Profile
(Ranking in 2004) * parent
* name company
* address * headquarters
* Web site
1 Mercer Human Resource Consulting (2) Marsh & McLennan Cos.
777 S. Figueroa St., Suite 1900 New York
Los Angeles 90017 mercerhr.com
2 Deloitte & Touche LLP (1)
2 350 S. Grand Ave. New York
Los Angeles 90071 deloitte.com/us
3 Aon Consulting (3) Aon Corp.
3 707 Wilshire Blvd., Suite 5700 Chicago
Los Angeles 90017 aon.com
4 Watson Wyatt Worldwide (4) Watson Wyatt & Co.
10 Universal City Plaza, Suite 3500 Holdings Arlington, Va.
Universal City 91608 watsonwyatt.com
5 Keenan & Associates (5) same
2355 Crenshaw Blvd., Suite 200 Torrance
Torrance 90501 keenan.com
6 Gallagher Benefit Services Inc. (8) Arthur J. Gallagher &
505 N. Brand Blvd., Sixth Floor Co.
Glendale 91203 Itasca, III.
gallagherbenefits.com
7 Mullin Consulting (6) same
644 S. Figueroa St. Los Angeles
Los Angeles 90017 mullinconsulting.com
8 ABD Insurance and Financial Services same
21250 Hawthorne Blvd., Suite 600 Redwood City
Torrance 90503 cybersure.com
9 Price Raffel & Browne Inc. (7) Union Central Life
1925 Century Park East, Fourth Floor Ins. Co.
Los Angeles 90067 Cincinnati
N/A
10 Louis Kravitz & Associates Inc. (9) same
15760 Ventura Blvd., Suite 910 Los Angeles
Encino 91436 Ikravitz.com
11 Buck Consultants, an ACS company (11) Affiliated Computer
1801 Century Park East, Suite 500 SvCs.
Los Angeles 90067 Dallas
acs-inc.com
12 Polycomp Administrative Services same
Inc. (15) Woodland Hills
6400 Canoga Ave., Suite 250 polycomp.com
Woodland Hills 91367
13 Peter C. Foy & Associates Insurance same
Services Inc. Woodland Hills
21650 Oxnard St., Suite 1900 pcfoy.com
Woodland Hills 91367
14 Lockton Benefit Group (13) Lockton Cos.
725 S. Figueroa St., 35th Floor Kansas City, Mo.
Los Angeles 90017 lockton.com
15 Stone Tapert Employee Benefits and same
Financial Svcs. 20/22 Pasadena
3452 E. Foothill Blvd., Suite 1100 stonetapert.com
Pasadena 91107
Rank Company Top Local Executive
(Ranking in 2004) * name
* name * title
* address * phone
1 Mercer Human Resource Consulting (2) Glenn Meister
777 S. Figueroa St., Suite 1900 L.A. market leader
Los Angeles 90017 (213) 346-2200
2 Deloitte & Touche LLP (1) David Lusk
2 350 S. Grand Ave. mng. dir., Pacific
Los Angeles 90071 Southwest
(213) 688-0800
3 Aon Consulting (3) John Evans
3 707 Wilshire Blvd., Suite 5700 sr. vice president
Los Angeles 90017 (213) 630-2900
4 Watson Wyatt Worldwide (4) Thomas Grass
10 Universal City Plaza, Suite 3500 managing consultant
Universal City 91608 (818) 623-4500
5 Keenan & Associates (5) Sean K. Smith
2355 Crenshaw Blvd., Suite 200 coo, president
Torrance 90501 (310) 212-3344
6 Gallagher Benefit Services Inc. (8) Norbert H. Chung
505 N. Brand Blvd., Sixth Floor exec. v.p. western
Glendale 91203 region
(818) 539-2300
7 Mullin Consulting (6) Peter Mullin
644 S. Figueroa St. chairman
Los Angeles 90017 (213) 488-8500
8 ABD Insurance and Financial Services Bob Volkel
21250 Hawthorne Blvd., Suite 600 sr. vice president
Torrance 90503 (310) 543-9995
9 Price Raffel & Browne Inc. (7) Leo Thomas
1925 Century Park East, Fourth Floor managing partner
Los Angeles 90067 (310) 551-3125
10 Louis Kravitz & Associates Inc. (9) Daniel G. Kravitz
15760 Ventura Blvd., Suite 910 president
Encino 91436 (818) 995-6100
11 Buck Consultants, an ACS company (11) Harold A. Loeb
1801 Century Park East, Suite 500 principal, office
Los Angeles 90067 manager
(310) 282-8232
12 Polycomp Administrative Services Harry Veldkamp
Inc. (15) ceo
6400 Canoga Ave., Suite 250 (818) 716-0111
Woodland Hills 91367
13 Peter C. Foy & Associates Insurance Peter C. Foy
Services Inc. ceo, president
21650 Oxnard St., Suite 1900 (818) 703-8057
Woodland Hills 91367
14 Lockton Benefit Group (13) Timothy J. Noonan
725 S. Figueroa St., 35th Floor ceo
Los Angeles 90017 (213) 689-0500
15 Stone Tapert Employee Benefits and Tom Means
Financial Svcs. 20/22 director of marketing
3452 E. Foothill Blvd., Suite 1100 (626) 844-3300
Pasadena 91107
N/A - Not Applicable
WND - Would Not Disclose
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 and total L.A. County
employees, respectively.
To the best of our knowledge, this information is accurate as of press
time. While every effort is made toensure 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] 2005 Los Angeles Business Journal. This
list may not be reprinted in whole or in part without prior notice
written permission from the editor.
Reprints are available from Wright's Reprints, (877) 652-5295
Researched by David Nusbaum
|
|
||||||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion