Info

Polycomp provides a trained staff of Trust Administrators to perform the Third Party Administration and respond to inquiries from participating employers, employees, Trustees and other Trust consultants. Polycomp collects all revenue for the Trust and pays all Trust expenses. We provide accounting and financial statements to the Trustees on a monthly and annual basis. We assist in supplying financial information required by the U.S. Department of Labor and the Internal Revenue Service. Polycomp creates benefit eligibility reports for participating employers, along with "Hour Bank" information reports for employees; this program is exclusive to Polycomp. Polycomp verifies the accuracy of employers' contributions and provides collection procedures for employers with delinquencies as adopted by the Trustees. Polycomp coordinates and implements any payroll audit procedure adopted by the Trustees. Polycomp provides COBRA administrative services and implements continuation coverage procedures adopted by the Trustees. Our priority at Polycomp is to provide quality administrative services, tailored to the specific needs of each Trust. Our goal is ensuring all Associations, Trustees, Employers, and Employees feel confident about the day-to-day operation of the Trust and the individual employee's benefits. Contact us today to find out why our reliability and accessibility makes us so popular with our clients. We look forward to working with you.