Better connect your employees with their employee benefit options.

Seeking Professional Advice on the Right Benefit Plan for Your Business?

Streamline your Employee Benefits process.

Our personalized approach to benefits administration means that we collaborate closely with you to design a package that meets the needs of your employees while streamlining the enrollment process for your business. By leveraging the latest technology and our personalized service, we can save you time and effort by offering electronic enrollments, updating personal records, and providing employees with online access to their benefit information. Our team of specialists will also ensure that your plans remain compliant with all relevant state and federal regulations.

Discover a More Suitable Benefits Package

Is Your Benefits Package Competitive Enough to Attract and Retain Top Talent?

We provide a Range of Employee Benefit Plans and Services.

Accidental Death and Dismemberment Insurance (AD&D)
CMS Reporting / Med-D Notices
Flexible Spending Account (FSA)
Group Life Insurance
Health Reimbursement Arrangement (HRA)
Health Savings Account (HSA)
Long-Term Disability Insurance (LTD)
Medical, Dental, Vision, 401(k) + More
Short-Term Disability Insurance (STD)
Variety of carriers including Excellus, Guardian and VSP
Voluntary Products (Accident, Cancer, Disability, Life)
Affordable Care Act (ACA) Reporting and Compliance
COBRA Administration
Day-to-Day Administration (Adds, Terms, Billing)
Employee Advocacy and Education
Employee Retirement Income Security Act Compliance
Disability Insurance
Integration to Payroll
NYS Disability Benefit Law (DBL)
NYS Paid Family Leave (PFL)
Open Enrollment Plan Analysis and Presentation
Technology

At Simco, we provide advanced technology solutions that help you connect with your employees and make the benefit enrollment process easier for your organization. Our employee self-service technology enables your staff to enroll for benefits through their computers or mobile devices, update their personal records, and access their benefit information from anywhere.


Are you currently hiring? Our self-service option can help you reduce onboarding time by allowing your new staff to onboard themselves and enroll for benefits. In addition, our team of benefits experts offers live email and phone support to help you with any issues you may encounter. We also provide compliance updates to ensure you stay informed of any changes to benefit policy.

Compliance

As an employer, it's crucial to stay up-to-date with the ever-changing regulations and laws related to your benefit plans. However, this can be a daunting task, especially for small businesses with limited HR resources. At SimcoHR, we offer our expertise to keep you informed of any relevant changes and ensure that you remain compliant with both state and federal guidelines.


Our team of specialists is well-versed in the Affordable Care Act (ACA), the Consolidated Omnibus Budget Reconciliation Act (COBRA), Health Reimbursement Accounts (HRAs), Health Savings Accounts (HSAs), and Flexible Spending Accounts (FSAs), among others.

Administration

Your company’s benefit offerings keep your employees positively engaged with your organization and helps attract key new talent. It’s important to ensure your benefits are compliant with all necessary regulations and that your staff is aware of their options. Let SimcoHR's benefit administration services take the guesswork and planning out of the benefit process, providing you peace of mind and more time to attend to the day to day needs of your business.


From offering straightforward answers to your employee’s benefit questions to going at bat with insurance carriers, our combined expertise and dedicated representatives are here and available to ensure your employees get the most out of their benefits. Our benefit experts can administer many different customized plans for your organization, including FSAs, HSAs, and HRAs, and will provide support for every step of the process.

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Why should you work with us?

Learn more about us.

At Simco, we understand that managing a business can be challenging, especially when you have limited time and resources. That's why we offer comprehensive human resources solutions to help you run your business more efficiently and effectively. As your Total Human Resources Partner, we take the time to understand your unique needs and tailor our services to meet them.


What sets us apart from other HR providers is our focus on simplicity for our clients. With Simco, you'll have one knowledgeable point of contact - your Business Partner - who is supported by a team of highly qualified specialists. We'll help keep you compliant with relevant regulations, proactively inform you of any changes that may impact your business, and provide services that will elevate your organization to the next level.


Our ability to collaborate across our verticals of Human Resources, Payroll, Insurance, and Employee Benefits means that you can rely on us for all your HR needs with just one phone call. Our team of specialists is committed to easing your mind and allowing you to focus more on running your business. Let us help you simplify your HR operations and take your organization to new heights.

Are you ready to manage efficiently?

We have a lot to say about Benefits

Recent Blog Posts.

June 2, 2025
When school lets out, many working parents face a new set of challenges: piecing together childcare, coordinating summer camps, adjusting work schedules, and simply trying to maintain a sense of balance. For employers, this season presents a valuable opportunity to demonstrate empathy and build stronger connections with your workforce—especially your working parents. By offering the right policies, benefits, and workplace flexibility, your company can help parents manage the summer shuffle—while keeping productivity and morale strong. Here are a few impactful ways to make that happen. 1. Offer Flexible Scheduling Options Summer schedules are rarely predictable, especially for parents with younger children or teens involved in day camps, sports, or part-time jobs. Allowing employees to shift their working hours or compress their workweeks can be a game-changer. Early start and end times, four-day workweeks, or staggered hours give parents the flexibility to handle family logistics without sacrificing their jobs. What you can do: Encourage managers to have open conversations with team members about their summer availability. Promote cross-training so employees can support each other during flexible hours or time off. Formalize a “Summer Flex Hours” program to show company-wide support. This kind of trust-driven flexibility not only improves work-life balance but also boosts engagement and retention. 2. Revisit Your Remote or Hybrid Work Policy For companies that support remote work, summer is an ideal time to offer extra flexibility. Parents may need to be closer to home for child supervision or to avoid time-consuming commutes during camp drop-offs and pickups. Even one or two remote days per week can ease the mental load on parents—helping them stay focused and productive during working hours. And it signals a deeper commitment to employee wellbeing. Ways to implement: Offer a seasonal “summer remote work option” if your company is traditionally office-based. Empower department heads to tailor remote work flexibility to their team’s needs. Reinforce accountability and results-based performance to support this model. Tip: Simco is happy to help you review your remote work policy for both compliance and employee satisfaction! 3. Promote and Educate on Dependent Care Benefits Many organizations offer dependent care support, but employees often forget—or aren’t aware—of what’s available. Summer is a perfect time to highlight programs like: Dependent Care FSAs (tax-free childcare reimbursements) Childcare subsidies or stipends Backup care assistance Employee Assistance Programs (EAPs) with parenting or caregiver resources Tip: Create a simple “Summer Benefits Guide” or a quick email campaign highlighting available benefits. If your team uses a digital portal or app, make sure this information is easily accessible and up to date. 4. Plan Ahead for PTO and Team Coverage Summer means vacations—and for working parents, this might be the only chance they get to spend extended time with their families. That’s why it’s crucial to encourage early vacation planning and transparent communication among teams. Strategies to support summer PTO:  Ask employees to submit summer PTO requests as early as possible. Use shared calendars and collaborative tools to coordinate team coverage. Train back-up team members ahead of time to avoid last-minute stress. Consider adding a floating summer holiday or mental health day to give employees a breather. When employees feel supported in taking time off, they’re more likely to return refreshed and ready to re-engage. 5. Build a Family-Friendly Workplace Culture Supporting working parents isn’t just about policies—it’s about creating a culture of empathy and understanding. That starts with leadership modeling flexibility, and continues with teams who respect boundaries and accommodate personal obligations. Ideas to build culture: Create a parent resource group or Slack channel to exchange ideas and support. Share local summer camp or childcare resources in your company newsletter. Avoid scheduling late afternoon meetings that may interfere with family commitments. Celebrate family milestones or kid-friendly moments in a light-hearted way. These small cultural cues can go a long way in helping working parents feel seen, supported, and valued—especially during a season that’s often more stressful than relaxing. Final Thoughts Supporting working parents through summer break isn’t just the right thing to do—it’s a smart business strategy. Offering flexibility, benefits education, and an understanding culture helps companies retain top talent, foster loyalty, and create a healthier workplace for all. Need Guidance? At Simco, we specialize in helping businesses implement people-first policies and scalable benefit solutions. If you’re looking to enhance your workplace support for parents (or all employees), our specialists are here to guide you! Let’s talk about how we can help your workforce thrive—this summer and beyond.
January 6, 2025
The IRS has released the 2025 Patient-Centered Outcomes Research Institute (PCORI) fee , which will increase to $3.47 per covered life —a $0.25 increase from 2024. This fee applies to plan years ending on or after October 1, 2024 , and before October 1, 2025 . What is the PCORI Fee? The PCORI fee was introduced as part of the Affordable Care Act (ACA) to help fund the research conducted by the Patient-Centered Outcomes Research Institute (PCORI). This research focuses on improving healthcare outcomes by comparing different medical treatments. The fee is levied on insurers, as well as self-insured and level-funded health plans. The fee is calculated based on the average number of covered lives under a plan and is due once a year, with the filing occurring during the second quarter on Form 720 , the Quarterly Federal Excise Tax Return . The payment is due by July 31 each year. Key Details for Employers and Plan Sponsors Who is Affected? : The fee applies to health insurers, self-insured health plans, and level-funded health plans. When is it Due? : The fee must be reported on Form 720 and paid by July 31 each year. How is it Calculated? : The fee is based on the average number of covered lives during the plan year. The updated $3.47 per covered life fee will be in effect for health plans with policy years ending between October 1, 2024, and October 1, 2025. Employers should be prepared to account for this increase when filing for 2025. For more information on the PCORI fee and its reporting requirements, consult the IRS Bulletin 2024-49 , published on December 2, 2024, or visit the IRS PCORI Fee page . 
November 22, 2024
As 2024 draws to a close, one question looms large for employers: What’s driving employees to switch jobs? While salary and benefits consistently top the list of reasons employees explore new opportunities, a deeper dive reveals the factors that prompt them to make the leap. Benefits: A Critical Factor in Employee Decisions For employees who changed jobs in 2024, benefits were the most significant factor influencing their decision. This highlights a gap in the quality of benefits many employers provide. While 401(k) matching is the most common benefit reported by respondents, other essential offerings are surprisingly scarce: Only 43% of respondents have health insurance through their employer. Just 35% report having access to paid time off (PTO). These numbers suggest that many companies are falling short of what employees now view as basic expectations. Flexibility: The New Workplace Priority When deciding to accept a new role, flexibility in work environment emerged as the top motivator for employees, surpassing salary for the first time. This represents a significant shift from 2023, when 68% of respondents prioritized salary above all else. Today, remote or hybrid work options are reshaping how employees evaluate job opportunities. Millennials and Gen Z, in particular, are driving this trend, as they place a high value on flexible arrangements that support their lifestyles. For Millennials, flexibility ranks as a key factor in staying with an employer—26% cited it as their primary reason for remaining in their current role. Moreover, 16% of employees across generations indicated that flexible work environments are the top reason they’re not seeking new opportunities. Flexibility Is More Than Just Remote Work Flexibility doesn’t stop at where employees work—it’s about how they work. Flexible hours on top of hybrid models and remote options can be critical to reducing burnout and improving job satisfaction. 48% of employees believe flexible work environments help prevent burnout. 40% view a lack of flexibility as a threat to positive company culture. 1 in 10 employees would leave their job solely to gain more flexibility. By offering adaptable work arrangements, employers can improve retention and create a workplace that meets the evolving needs of today’s workforce. The Role of Personalization in Benefits Younger generations are also calling for more personalized benefits packages. Standard, one-size-fits-all plans no longer meet their diverse needs. Here’s how generational preferences vary: Younger employees prioritize tuition reimbursement and student debt relief nearly twice as much as older generations. Boomers value vision benefits three times more than Millennials. These differences underscore the need for employers to offer tailored benefits that reflect the unique needs of their workforce. The Impact of Benefits Enrollment Stress A significant portion of employees (72%) find benefits selection stressful, with unclear information and difficulty comparing plans being the top pain points. This stress can have serious consequences for employers: More than half of employees indicated that a poor benefits enrollment experience would drive them to seek a new job. 50% said a negative benefits experience overall would prompt them to leave. To address these issues, companies can leverage technology that simplifies the enrollment process. Tools that offer real-time comparisons and transparent cost breakdowns can significantly enhance the employee experience (EX). Payroll Errors: A Major Employee Concern While benefits play a crucial role in retention, payroll processes remain a top area for improvement. A staggering 60% of employees reported being affected by payroll errors. This underscores the importance of getting the basics right when it comes to HR functions. Accurate and reliable payroll processes are fundamental to fostering trust and satisfaction among employees. Meeting the Evolving Needs of Employees To attract and retain top talent, employers must adapt to changing expectations. This means: Enhancing benefits : Offer comprehensive, tailored packages that address generational preferences. Improving technology : Simplify benefits enrollment and ensure payroll accuracy. Prioritizing flexibility : Embrace remote, hybrid, and flexible work models to support employees’ work-life balance. By addressing these areas, employers can build a competitive edge in recruitment and retention, ensuring they meet the needs of a diverse and tech-savvy workforce. Survey Insights The insights in this article are based on the "Voice of the Workforce" report by isolved, which analyzed responses from 1,127 full-time U.S.-based employees ranging from entry-level staff to C-suite executives. The survey was conducted online in Q3 of 2024.