Printer Friendly
The Free Library
4,488,929 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Employees benefit consultants/managers: ranked by number of L.A. County employees involved in benefits services.


EXECUTIVE SUMMARY

DELOITTE & Touche USA LLP tops the list of employee benefits consultants and managers for the second consecutive year. Benefits consulting is just one segment of the tax audit and advisor's business.

No. 2 Watson Wyatt Worldwide Inc. and No. 3 Mercer Human Resource Consulting held onto their respective spots. Watson Wyatt saw its number of benefits consultants hold steady at 180 compared to a year ago. Mercer, which merged with Marsh Inc. in 2005, reported a five-person increase locally, bringing its total number of benefits consultants to 174.

Benefits consultants provide a wide array of services, usually to mid-and large-sized companies. The firms advise and sometimes administer medical and dental plans, life insurance plans, retirement and savings plans, and provide human resources consulting. The}' may also provide information on disability insurance and workers" compensation.

Overall, the 20 largest benefits consulting firms employ 1.400 consultants locally and more than 22,000 total consultants worldwide.

[GRAPHICS OMITTED]

THE PACESETTER

DELOITTE & TOUCHE USA LLP

WITH 204 benefits consultants in L.A. County, the New York-based firm leads the list of the largest consulting firms in the county.

"It's important to understand what is most important to employees and align the cost of programs with their goals," said David Lusk, principal, Deloitte Consulting LLP.

The majority of Deloitte's clients are large companies with 500 employees or more. Lusk has seen companies consider plan design changes, which can result in shifting costs to participants. One of the biggest problems with medical care is that a small percentage of the participants in a plan usually account for the majority of costs.

Lusk has seen companies try to educate employees about alternatives and he sees the Internet a valuable resource.

"People should broaden their understanding of what options are available and use online tools to find alternative courses of treatment or generic alternatives to name brand medicines." he said.

For small businesses, finding medical care solutions can be difficult because companies with fewer employees do not have access to some of the programs offered to larger employers.

"Small businesses can look for programs that have annual maximums or lower lifetime maximums. They can look for programs with higher deductibles that can protect employees from higher cost items that could be catastrophic," said Lusk.
                                Employees
                                (L.A. County/
       Company                  total)
       (Ranking in 2006)        * benefits      Employee Benefits
       * name                   consultants     Consulting Services
       * address                * total         Offered
Rank   * Web site               employees       (partial list)

 1     Deloitte & Touche USA    204/9,233       benefit communications,
       LLP (1)                  1,775/150,000   HR consulting, retire-
       350 S. Grand Ave.                        ment and savings plans,
       Los Angeles 90071                        welfare plan consul-
       deloitte.com/us                          ting, HR operations

 2     Watson Wyatt Worldwide   180/5,500       benefit administration,
       Inc. (2)                 221/6,700       benefit communications,
       10 Universal City                        HR consulting, retire-
       Plaza, Suite 3500                        ment and savings plans,
       Universal City 91608                     welfare plan consulting
       watsonwyatt.com                          executive compensation
                                                consulting,

 3     Mercer (3)               176/N/A         benefit administration,
       777 S. Figueroa St.,     222/17,000      benefit communications,
       Suite 1900                               HR consulting, retire-
       Los Angeles 90017                        ment and savings plans,
       mercer.com                               welfare plan consul-
                                                ting, human capital
                                                strategy, international

 4     MullinTBG (4)            144/195         benefit administration,
       2029 Century Park        189/266         benefit communications,
       East, 37th Floor                         retirement and savings
       Los Angeles 90067                        plans, nonqualified
       mullinconsulting.com                     benefit plan design

 5     Aon Consulting (5)       117/6,800       benefit administration,
       707 Wilshire Blvd.,      977/47,000      benefit communications,
       Suite 5700 Los Angeles                   HR consulting, retire-
       90017                                    ment and savings plans,
       Aon.com                                  welfare plan consult-
                                                ing, actuarial consult-
                                                ing, tax compliance

 6     ABD Insurance and        87/194          benefit administration,
       Financial Services (8)   87/802          benefit communications,
       21250 Hawthorne Blvd.,                   HR consulting, retire-
       Suite 600 Torrance                       ment and savings plans,
       90503                                    welfare plan consulting
       cybersure.com

 7     Gallagher Benefit        60/941          benefit administration,
       Services Inc. (9)        322/8,750       benefit communications,
       505 N. Brand Blvd.,                      HR consulting, retire-
       Sixth Floor Glendale                     ment and savings plans,
       91203                                    welfare plan consulting
       gallagherbenefits.com

 8     Price Raffel & Browne    60/150          benefit administration,
       Inc. (10)                70/150          benefit communications,
       1925 Century Park                        retirement and savings
       East, Fourth Floor Los                   plans, welfare plan
       Angeles 90067                            consulting
       N/A

 9     Lockton Benefit          52/325          benefit administration,
       Group (11)               340/3,825       benefit communications,
       725 S. Figueroa St.,                     HR consulting, retire-
       35th Floor Los Angeles                   ment and savings plans,
       90017                                    welfare plan consult-
       lockton.com                              ing, compensation

10     Towers Perrin (6)        52/2,834        benefit administration,
       1925 Century Park        95/5,500        benefit communications,
       East, Suite 1500                         HR consulting, retire-
       Los Angeles 90067                        ment and savings plans,
       towersperrin.com                         welfare plan consulting

11     Keenan &                 50/75           benefit administration,
       Associates (7)           400/675         benefit communications,
       2355 Crenshaw Blvd.,                     HR consulting, retire-
       Suite 200 Torrance                       ment and savings plans,
       90501                                    welfare plan consult-
       keenan.com                               ing, benefit claims
                                                administrator

12     Kravitz (12)             50/50           benefit administration,
       15760 Ventura Blvd.,     65/74           retirement and savings
       Suite 910                                plans, investment
       Encino 91436                             advisory services for
       lkravitz.com                             retirement plans

13     Buck Consultants, an     43/1,500        benefit administration,
       ACS company (13)         51/1,700        benefit communications,
       1801 Century Park                        HR consulting, retire-
       East, Suite 500                          ment and savings plans,
       Los Angeles 90067                        welfare plan consult-
       buckconsultants.com                      ing, investment
                                                consulting, M&A

14     Peter C. Foy &           32/32           benefit administration,
       Associates Insurance     32/32           benefit communications,
       Services Inc. (15)                       HR consulting, retire-
       21650 Oxnard St.,                        ment and savings plans,
       Suite 1900                               welfare plan consult-
       Woodland Hills 91367                     ing, safety, wellness
       pcfoy.com                                program, TPA
                                                administrators

15     Polycomp Administra-     32/124          benefit administration,
       tive Services Inc.       32/124          retirement and savings
       6400 Canoga Ave.,                        plans, self-directed
       Suite 250 Woodland                       IRAs, cafeteria plans,
       Hills 91367                              association sponsored
       polycomp.com                             trusts

16     Stone Tapert Employee    27/30           benefit administration,
       Benefits and Finan-      27/30           benefit communications,
       cial Services (16)                       HR consulting, retire-
       3452 E. Foothill                         ment and savings plans,
       Blvd., Suite 1100                        welfare plan consult-
       Pasadena 91107                           ing, Cobra administra-
       stonetapert.com                          tion outsourcing,
                                                employee handbook re-
                                                view, key man coverage

17     Actuarial Consul-        25/25           benefit administration,
       tants (17)               25/25           benefit communications,
       2377 Crenshaw Blvd.                      retirement and savings
       Torrance 90501                           plans, profit sharing,
       acibenefits.com                          401(k), money purchase,
                                                defined benefit

18     Actuaries Unlimi-        20/25           benefit administration,
       ted (14)                 35/36           retirement and savings
       16030 Ventura Blvd.,                     plans, welfare plan
       Suite 320 Encino 91436                   consulting
       actuariesunlimited.com

19     Sander A. Kessler &      16/16           benefit administration,
       Associates Inc.          88/88           benefit communications,
       2850 Ocean Park Blvd.,                   HR consulting, retire-
       Suite 200                                ment and savings plans,
       Santa Monica 90405                       welfare plan consult-
       sanderkessler.com                        ing, group medical,
                                                group dental, group
                                                life

20     CBIZ Benefits & Insu-    15/630          benefit administration,
       rance Services (19)      18/5,000        benefit communications,
       11601 Wilshire Blvd.,                    HR consulting, retire-
       Suite 2300                               ment and savings plans,
       Los Angeles 90025                        online enrollment,
       cbiz.com                                 eligibility management,
                                                Cobra

       Company
       (Ranking in 2006)
       * name
       * address                Other Services Offered
Rank   * Web site               (partial list)

 1     Deloitte & Touche USA    audit, taxation, internal audit, M&A,
       LLP (1)                  corporate finance, IT solutions,
       350 S. Grand Ave.        actuarial and insurance
       Los Angeles 90071
       deloitte.com/us

 2     Watson Wyatt Worldwide   organizational effectiveness,
       Inc. (2)                 technology solutions, international,
       10 Universal City        investment consulting,
       Plaza, Suite 3500        compensation consulting
       Universal City 91608
       watsonwyatt.com

 3     Mercer (3)               investment consulting, HR
       777 S. Figueroa St.,     administration, M&A, retirement
       Suite 1900
       Los Angeles 90017
       mercer.com

 4     MullinTBG (4)            funding and administration,
       2029 Century Park        investment and retirement advisory
       East, 37th Floor         services, disability insurance and
       Los Angeles 90067        administration, compensation
       mullinconsulting.com

 5     Aon Consulting (5)       HR/benefits outsourcing, talent
       707 Wilshire Blvd.,      selection and development, exec.
       Suite 5700 Los Angeles   compensation
       90017
       Aon.com

 6     ABD Insurance and        property and casualty, workers'
       Financial Services (8)   compensation
       21250 Hawthorne Blvd.,
       Suite 600 Torrance
       90503
       cybersure.com

 7     Gallagher Benefit        property and casualty risk
       Services Inc. (9)        management, director and officers
       505 N. Brand Blvd.,      executive services, investment
       Sixth Floor Glendale     consulting, captive services, claims
       91203
       gallagherbenefits.com

 8     Price Raffel & Browne    estate and financial planning,
       Inc. (10)                401 (k) planning, executive
       1925 Century Park        compensation planning, life and
       East, Fourth Floor Los   health insurance, voluntary benefits
       Angeles 90067
       N/A

 9     Lockton Benefit          property and casualty brokerage,
       Group (11)               surety bonds, risk management
       725 S. Figueroa St.,     consulting, risk control services,
       35th Floor Los Angeles   M&A due diligence
       90017
       lockton.com

10     Towers Perrin (6)        reinsurance, risk management
       1925 Century Park
       East, Suite 1500
       Los Angeles 90067
       towersperrin.com

11     Keenan &                 workers' compensation placement
       Associates (7)           and administration, property and
       2355 Crenshaw Blvd.,     liability placement and
       Suite 200 Torrance       administration, medical malpractice
       90501
       keenan.com

12     Kravitz (12)             actuarial services for executive
       15760 Ventura Blvd.,     retirement plans
       Suite 910
       Encino 91436
       lkravitz.com

13     Buck Consultants, an     compensation, HR management
       ACS company (13)
       1801 Century Park
       East, Suite 500
       Los Angeles 90067
       buckconsultants.com

14     Peter C. Foy &           property and casualty lines,
       Associates Insurance     workers' compensation
       Services Inc. (15)
       21650 Oxnard St.,
       Suite 1900
       Woodland Hills 91367
       pcfoy.com

15     Polycomp Administra-     N/A
       tive Services Inc.
       6400 Canoga Ave.,
       Suite 250 Woodland
       Hills 91367
       polycomp.com

16     Stone Tapert Employee    wealth logistics, estate planning,
       Benefits and Finan-      buy-sell, life insurance, executive
       cial Services (16)       benefits
       3452 E. Foothill
       Blvd., Suite 1100
       Pasadena 91107
       stonetapert.com

17     Actuarial Consul-        N/A
       tants (17)
       2377 Crenshaw Blvd.
       Torrance 90501
       acibenefits.com

18     Actuaries Unlimi-        benefit strategies, plan audits,
       ted (14)                 benefit education seminars
       16030 Ventura Blvd.,
       Suite 320 Encino 91436
       actuariesunlimited.com

19     Sander A. Kessler &      individual medical, individual
       Associates Inc.          dental, individual life
       2850 Ocean Park Blvd.,
       Suite 200
       Santa Monica 90405
       sanderkessler.com

20     CBIZ Benefits & Insu-    individual life and pension, payroll
       rance Services (19)      services, human resource
       11601 Wilshire Blvd.,    outsourcing, accounting, tax and
       Suite 2300               advisory
       Los Angeles 90025
       cbiz.com

       Company
       (Ranking in 2006)        Profile
       * name                   * parent company   Top Local Executive
       * address                * title            * name
Rank   * Web site               * headquarters     * phone

 1     Deloitte & Touche USA    N/A                Tony Buzzelli/
       LLP (1)                  New York           David Lusk
       350 S. Grand Ave.                           vice chairman,
       Los Angeles 90071                           regional managing
       deloitte.com/us                             partner/principal
                                                   (213) 688-0800

 2     Watson Wyatt Worldwide   N/A                Thomas Grass
       Inc. (2)                 Arlington, Va.     managing consultant
       10 Universal City                           (818) 623-4500
       Plaza, Suite 3500
       Universal City 91608
       watsonwyatt.com

 3     Mercer (3)               MMC Cos.           Glenn Meister
       777 S. Figueroa St.,     New York           L.A. market leader
       Suite 1900                                  (213) 346-2200
       Los Angeles 90017
       mercer.com

 4     MullinTBG (4)            N/A                Mike Shute
       2029 Century Park        Los Angeles        ceo
       East, 37th Floor                            (310) 203-8770
       Los Angeles 90067
       mullinconsulting.com

 5     Aon Consulting (5)       Aon Corp.          Mary Greening
       707 Wilshire Blvd.,      Chicago            sr. vice president
       Suite 5700 Los Angeles                      (213) 630-2900
       90017
       Aon.com

 6     ABD Insurance and        N/A                Robert Volkel
       Financial Services (8)   Redwood City       executive v.p.
       21250 Hawthorne Blvd.,                      (310) 543-9995
       Suite 600 Torrance
       90503
       cybersure.com

 7     Gallagher Benefit        Arthur J.          Norbert H. Chung
       Services Inc. (9)        Gallagher & Co.    exec. v.p. western
       505 N. Brand Blvd.,      Itasca, Ill.       region
       Sixth Floor Glendale                        (818) 539-2300
       91203
       gallagherbenefits.com

 8     Price Raffel & Browne    Union Central      Leo Thomas
       Inc. (10)                Life, a Unifi      partner
       1925 Century Park        Co.                (310) 551-3125
       East, Fourth Floor Los   Cincinnati
       Angeles 90067
       N/A

 9     Lockton Benefit          Lockton Cos.       Timothy J. Noonan
       Group (11)               Kansas City, Mo.   ceo
       725 S. Figueroa St.,                        (213) 689-0500
       35th Floor Los Angeles
       90017
       lockton.com

10     Towers Perrin (6)        N/A                Michael Fox
       1925 Century Park        Stamford, Conn.    managing principal
       East, Suite 1500                            (310) 551-5600
       Los Angeles 90067
       towersperrin.com

11     Keenan &                 N/A                Sean Smith
       Associates (7)           Torrance           ceo
       2355 Crenshaw Blvd.,                        (310) 212-3344
       Suite 200 Torrance
       90501
       keenan.com

12     Kravitz (12)             Louis Kravitz &    Daniel G. Kravitz
       15760 Ventura Blvd.,     Associates Inc.    president
       Suite 910                Los Angeles        (818) 995-6100
       Encino 91436
       lkravitz.com

13     Buck Consultants, an     Affiliated         Bruce Barge
       ACS company (13)         Computer           principal, market
       1801 Century Park        Services           leader
       East, Suite 500          Dallas             (310) 282-8232
       Los Angeles 90067
       buckconsultants.com

14     Peter C. Foy &           N/A                Peter C. Foy
       Associates Insurance     Woodland Hills     ceo, president
       Services Inc. (15)                          (818) 703-8057
       21650 Oxnard St.,
       Suite 1900
       Woodland Hills 91367
       pcfoy.com

15     Polycomp Administra-     N/A                Harry Veldkamp
       tive Services Inc.       Woodland Hills     ceo
       6400 Canoga Ave.,                           (818) 716-0111
       Suite 250 Woodland
       Hills 91367
       polycomp.com

16     Stone Tapert Employee    N/A                Tom Means
       Benefits and Finan-      Pasadena           director
       cial Services (16)                          (626) 844-3300
       3452 E. Foothill
       Blvd., Suite 1100
       Pasadena 91107
       stonetapert.com

17     Actuarial Consul-        Actuarial          Pat Byrnes
       tants (17)               Consultants Inc.   founder, president
       2377 Crenshaw Blvd.      Torrance           (310) 212-2600
       Torrance 90501
       acibenefits.com

18     Actuaries Unlimi-        N/A                Stanley Weisleder
       ted (14)                 Los Angeles        president
       16030 Ventura Blvd.,                        (818) 325-8800
       Suite 320 Encino 91436
       actuariesunlimited.com

19     Sander A. Kessler &      N/A                Steven K. Kessler
       Associates Inc.          Santa Monica       ceo
       2850 Ocean Park Blvd.,                      (310) 309-2200
       Suite 200
       Santa Monica 90405
       sanderkessler.com

20     CBIZ Benefits & Insu-    CBIZ               Dusty Farber
       rance Services (19)      Cleveland          president
       11601 Wilshire Blvd.,                       (310) 268-2000
       Suite 2300
       Los Angeles 90025
       cbiz.com

N/A-Not Applicable

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 to ensure the accuracy and
thoroughness of the list, omissions and typographical errors sometimes
occur. Please sendcorrections or additions on company letterhead to
the Research Department, Los Angeles Business Journal, 5700 Wilshire
Blvd., Suite 170, Los Angeles 90036. [c]2007 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
COPYRIGHT 2007 CBJ, L.P.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:The List
Author:Nusbaum, David
Publication:Los Angeles Business Journal
Article Type:Company rankings
Date:Sep 17, 2007
Words:2311
Previous Article:Long Beach Board of Harbor Commissioners.(Transportation)(promotion of Doug Sereno )(Brief article)
Next Article:Dental plans: ranked by enrollment in L.A. County.(Los Angeles)
Topics:

Terms of use | Copyright © 2008 Farlex, Inc. | Feedback | For webmasters | Submit articles