Our Services
Association Trust Plans
You are in the right place if...
- You represent an association and are looking for a new third party administrator for an existing trust
- You represent an association and are setting up a new trust
- You are a contractor/employer and are interested in participating in an existing benefit trust
The Advantage of an Association Trust
Competitive Benefits, such as:
- Health & Welfare
- Hour Banking
- Pension (Prevailing Wage 401(k) Plans)
- Supplemental Unemployment
- Vacation and Holiday Pay
- Employee Craft Trade Training
Why Polycomp?
Polycomp performs all administrative functions required to operate any Trust sponsored by an Association, We provide:
- A trained and responsive staff of Trust Administrators
- Collection of all contributions for the Trust, and payment of all Trust expenses
- Financial statements required for all parties and information required by the IRS and DOL
- Benefit eligibility determination and reporting for participating employers
- “Hour Bank” calculation and reporting
- Employer contribution verification
- Collection procedures for employers with delinquencies
- Coordination and implementation of any payroll audit procedure
- Plan audit assistance
- Full COBRA administrative services
- Reliability and accessibility
- Much more!
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