Participant Data Integrity & Accuracy is critical to your clients’ ability to meet their fiduciary responsibilities. Of course, your clients always provide clean participant data, RIGHT? Well sometimes, but unfortunately, outdated and inaccurate data is a common problem that doesn’t improve with age.
PBI can quickly identify data quality concerns in just a few hours. Be proactive and let PBI clean up participant data at the onset of your engagement. PBI will provide preliminary results at no charge, and position you with tools you need to resolve missing and/or wrong participant data and identify deaths to minimize over-payments.
No SSNs, address information, or names? No problem! We can clean the information up and provide an auditable trail to demonstrate compliance for your clients.
PBI’s unique platform can serve all your client requirements as a TPA, and allow access to our web-based resources for your larger plan sponsors preferring to be “hands on.” We can work directly with you or your client, it’s up to you!