Buck Consultants > Cosourcing

Cosourcing

Buck has developed a Web-based cosourcing solution that is accurate, reliable, and secure: OnPoint^SM — so the solution is there when you and your participants need it most.

Users can easily access OnPoint right from their desktop using their Web browser. And, for administrators, OnPoint can handle complex plan features, grandfathered provisions, addition of plans, and more — simplifying the job for your internal HR staff.

OnPoint Cosourcing includes:

Comprehensive data management
Fully automated calculations
Batch processing
Interfaces with payroll and trustees
Reporting tools
Employee self-service tools
Legislative updates

Contact us
Retirement@buckconsultants.com

Growing aggressively through acquisitions, a leading financial institution more than doubled its workforce in just a few years. As a result, administering the company’s multiple defined benefit plans became more than the HR staff could handle.

Buck used OnPoint to create a sophisticated self-service modeling site to reduce the burden on the HR staff. And, Buck’s OnPoint cosourcing system was programmed with all the grandfathered formulas in the acquired plans, eliminating a complex burden of administration for the HR team.