Employee benefits consultants/managers.EXECUTIVE SUMMARY The 15 largest firms employ just over 1,000 people in L.A. County work related to employee benefits and more than 27,000 nationwide. Five firms increased their number of benefits employees over last year, led by this year's largest firm, Deloitte & Touche LLP LLP - Lower Layer Protocol . Deloitte edged out 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, last year's No. 1, by a single employee benefits consultant to take the top spot. Keenan Keenan is a male Irish name which means "Ancient, Distant". Keenan is an anglicisation of the Irish name Cianáin. The Keenans were historians to the McGuire clan. & Associates moved up one position to No. 5 this year after increasing its benefits consulting group by five employees. Gallagher Gallagher may refer to: People
Four firms saw a decline in the number of Los Angeles-based benefits employees. Hardest hit was Actuarial ac·tu·ar·y n. pl. ac·tu·ar·ies A statistician who computes insurance risks and premiums. [Latin Consultants, which dropped two positions to No. 14 this year after 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. nearly half of its employee benefits staff. Mullin Mullin is a surname, and may refer to
THE PACESETTER DELOITTE & TOUCHE LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control The firm vaulted to the top spot when it integrated its consulting and human capital groups last year. In addition to boosting the size of its staff, the reorganization The process of carrying out, through agreements and legal proceedings, a business plan for winding up the affairs of, or foreclosing a mortgage upon, the property of a corporation that has become insolvent. allowed Deloitte to broaden services and increase market share. Deloitte reported 150 people working in the employee benefits area in 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. County, a 23 percent increase over the previous year. More than 120,000 people are employed companywide specializing in all areas of business consulting, including 7,637 benefits consultants. "Deloitte has a multi-disciplinary strategy," said David Lusk a. 1. Lazy; slothful. n. 1. A lazy fellow; a lubber. v. i. 1. To be idle or unemployed. , its managing director. "By aligning a·lign v. a·ligned, a·lign·ing, a·ligns v.tr. 1. To arrange in a line or so as to be parallel: align the tops of a row of pictures; aligned the car with the curb. with audit, taxation, internal audit and other services, we are able to broadly serve the different needs of clients." As for 2005, Lusk expects his office to continue to grow. Highest expectations are for its "total rewards" service line, which covers design, delivery and performance assessments of employee programs. "This industry has opportunities," he said. "Companies are always looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. additional cost reduction and a way to manage limited resources."
EMPLOYEE BENEFITS CONSULTANTS/MANAGERS
Ranked by number of L.A. County employees involved in employee benefits
services
Rank Company (Ranking in 2003) Employees
* employee benefits
* name (L.A. County/companywide)
* address * total
(L.A. County/companywide)
1 Deloitte & Touche LLP (2) 150/7,637
350 S. Grand Ave. 1,554/120,000
Los Angeles 90071
2 Mercer Human Resource 149/NA
Consulting (1) 193/13,000
777 S. Figueroa St., Suite 2000
Los Angeles 90017
3 Aon Consulting (3) 124/7,500
707 Wilshire Blvd., Suite 5700 692/54,000
Los Angeles 90017
4 Watson Wyatt Worldwide (4) 115/5,000
10 Universal City Plaza, Suite 195/6,200
3500 Universal City 91608
5 Keenan & Associates (6) 70/145
2355 Crenshaw Blvd., Suite 200 380/625
Torrance 90501
6 Mullin Consulting 70/107
644 S. Figueroa Blvd. 91/149
Los Angeles 90017
7 Price Raffel & Browne Inc. (7) 60/85
1925 Century Park East, Fourth 85/170
Floor Los Angeles 90067
8 Gallagher Benefit Services 55/998
Inc. (9) 268/8,500
505 N. Brand Blvd., Sixth Floor
Glendale 91203
9 Louis Kravitz & Associates 45/same
Inc. (8) 60/same
15760 Ventura Blvd., Suite 910
Encino 91436
10 Marsh Inc. (10) 44/1,400
777 S. Figueroa St. 650/38,000
Los Angeles 90017
11 Mellon Human Resources & Investor 37/4,500
Solutions (11) 48/4,500
1801 Century Park East, Suite 500
Los Angeles 90067
12 Actuaries Unlimited Inc. (14) 32/same
1582 Ventura Blvd., Suite 520 32/same
Encino 91436
13 Lockton Benefit Group 23/143
725 S. Figueroa St., 35th Floor 238/1,684
Los Angeles 90017
14 Actuarial Consultants Inc. (12) 20/same
2377 Crenshaw Blvd., Suite 350 26/same
Torrance 90501
15 Polycomp Administrative Services 19/80
Inc. 28/120
6400 Canoga Ave., Suite 350
Woodland Hills 91367
Rank L.A. Clients Employee Benefits
(partial list) Consulting Services Offered
(partial list)
1 WND retirement and savings plan, welfare plan
consulting, benefits communications, HR
operations, compensation consulting
2 Northrop Grumman retirement and savings plan,
Corp., Los Angeles welfare plan consulting, benefits
County, Computer communications, benefits administration
Sciences Corp.
3 WND retirement and savings plan, welfare
plan consulting, benefits communications,
benefits administration, compliance
4 WND retirement and savings plan, welfare
plan consulting, benefits
communications
5 WND retirement and savings plan, welfare
plan consulting, benefits
communications, benefits administration
6 Avery Dennison, retirement and savings plan, benefits
Jefferies Group, communications, benefits administration,
Catellus executive benefit consulting
Development Corp.
7 Temple Hospital, retirement and savings plan, welfare
Wexler Video, plan consulting, benefits communications,
Felina & Brandeis benefits administration
Institute
8 WND retirement and savings plan, welfare
plan consulting, benefits communications,
benefits administration
9 Munger Tolles & retirement and savings plan,
Olson LLP, 401 (k) vendor selection,
Reliance Steel & executive retirement plans
Aluminum Co., The
Employers Group
10 WND retirement and savings plan, welfare
plan consulting, benefits communications,
benefits administration
11 Walt Disney Co., retirement and savings plan,
L.A. Fire and welfare plan consulting, benefits
Police Department communications, benefits administration
of Pensions, L.A.
County
12 WND retirement and savings plan,
welfare plan consulting,
benefits communications,
13 WND retirement and savings plan, welfare plan
consulting, benefits communications,
benefits administration
14 Metro-Goldwyn- profit sharing, 401(k), defined
Mayer Inc., benefit, cash balance, money
In-N-Out Burgers purchase pension plans
Inc., Reish
Luftman Reicher
& Cohen
15 WND retirement and savings plan,
welfare plan consulting, benefits
communications, benefits administration
Rank Other Services Offered Profile
(partial list) * year established
* parent company
* headquarters
1 audit, taxation, internal audit, 1916
M&A, corporate finance, IT Deloitte Touche Tohmatsu
solutions, actuarial and New York
insurance
2 international, performance, 1937
measurement and reward, Marsh & McLennan Cos.
technology and operations New York
3 compensation, 1934
human resources, Aon Corp.
management consulting Chicago
4 WND 1946
Watson Wyatt & Co.
Washington, D.C.
5 workers' compensation, property 1972
and liability claims administra- same
tion insurance brokerage Torrance
6 non-qualified benefit 1969
plan financing same
Los Angeles
7 life and health insurance, 1962
401 (k) planning, executive Union Central Life Ins. Co.
compensation Cincinnati
8 property and casualty 1927
risk management, investment Arthur J. Gallagher & Co.
consulting, captive services Itasca, Ill.
9 N/A 1977
same
Los Angeles
10 property and casualty 1923
brokerage, risk consulting, Marsh & McLennan Cos.
private client services New York
11 compensation 1986
Mellon Financial Corp.
Ridgefield Park, N.J.
12 benefits administration 1979
benefit strategies, plan audits, same
benefit education seminars Encino
13 N/A 1995
Lockton Cos.
Kansas City, Mo.
14 fiduciary liability consulting, 1983
compliance reviews, same
compensation and benefits Torrance
strategies
15 self-directed IRAs, 1974
trust association same
administration Woodland Hills
Rank Top Local Executive
* name
* title
* phone
1 David Lusk
mng. dir., Pacific Southwest
(213) 688-0800
2 Glenn Meister Leader
L.A. office
(213) 346-2200
3 John Evans
sr. vice president
(213) 630-2900
4 Thomas Grass
managing consultant
(818) 623-4500
5 Sean K. Smith
ceo, president
(310) 212-3344
6 Peter W. Mullin
chairman
(213) 488-8500
7 Leo Thomas
managing partner
(310) 551-3125
8 Norbert H. Chung
exec. v.p. Western region
(818) 539-2300
9 Daniel Kravitz
president
(818) 995-6100
10 Paul Gibbs
managing director
(213) 624-5555
11 Larry D. Stahly
principal
(310) 282-8232
12 Stanley Weisleder
president
(818) 325-8800
13 Timothy J. Noonan
ceo, president
(213) 689-0500
14 Patrick Byrnes
president
(310) 212-2600
15 Harry Veldkamp
ceo, cfo
ceo,(818) 716-0111
NA--Not Available
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.
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]2004 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 David Nusbaum
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