Deals & People April 2, 2010

Mercer Ramps Up Taft-Hartley Focus

Mercer has named Doug DeNigris as Taft-Hartley business leader for its U.S. outsourcing business, a new position.
Reported by

According to an announcement, his appointment is part of a planned expansion of Mercer’s Taft-Hartley administration capabilities, which includes recruiting additional sales staff to drive growth in the segment and additional relationship managers and operations staff with “deep Taft-Hartley backgrounds.”

DeNigris will lead the dedicated Taft-Hartley service delivery team that combines relationship management and administration/operations.    

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DeNigris, who joined Mercer in 1998, will continue to be based in Norwood, Massachusetts, and report to Dave Tolve, retirement business leader for Mercer’s U.S. outsourcing business. DeNigris most recently served as director of Client Services for Mercer’s Taft-Hartley defined contribution (DC) administration clients.

Mercer’s outsourcing business provides DC administration services for nearly 60 union clients, representing nearly 300,000 members.

Products April 1, 2010

PEO Provider Pairs with The Hartford for 401(k)

Smart-Tek Automated Services, Inc., has signed an agreement to offer its client employees a 401(k) plan through The Hartford Financial Services Group, Inc.
Reported by

According to a press release, Smart-Tek Automated Services, Inc., a subsidiary of Smart-Tek Solutions, Inc., recently entered the PEO market with a strategy of attracting clients through enhanced employee benefits.      

By allowing each client to select a customized 401(k)-plan structure, Smart-Tek said it is able to provide a necessary level of flexibility. Smart-Tek establishes a separate 401(k) plan document with each client, an approach that it says provides “insulation for each client from defects in plan operation of the other clients.”

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Smart-Tek Automated Services, Inc., said it provides financial services to small and medium-sized businesses, noting that it relieves “our clients from many of the day-to-day tasks that negatively impact their core business operations such as payroll processing, human resources support, workers’ compensation insurance, safety programs, employee benefits, and other administrative and aftermarket services predominantly related to staffing—staff leasing, temporary staffing, and co-employment.”  The firm said it not only provides core services but a wide selection of employee and employer benefits and aftermarket products.

More information is available at www.smart-tekservices.com

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