Fringe Facts Online is a web-based service utilizing a centralized database that allows employers to manage their employee benefits and HR information, determine eligibility, calculate costs and benefits, and offers total employee enrollment, benefit communications, online surveys, and billing capabilities in one easy-to-use, cost-effective, integrated package.

Fringe Facts Online benefit statements show your employees what their statutory and fringe benefits are and how much they cost.

According to recent studies by the U.S. Chamber of Commerce, employers spend an average of 42 percent on top of payroll for benefits.

Unfortunately, few companies are getting their money's worth. Industry studies show that while employees receive thousands of dollars in statutory and fringe benefits annually, most have no idea what their benefits are or how much those benefits are worth. A lack of appreciation for employer paid fringe benefits often has a negative impact on employee morale which can lead to increased turnover, lower productivity, higher operating costs and decreased profits.

Communication is the key. And the Fringe Facts Online benefit statement service is an inexpensive way to communicate the various benefits that are available to each of your employees.

The Fringe Facts Online benefit statement service effectively communicates the high cost of benefits to employees in a positive way -- with personalized employee benefit statements.

Improve Morale

Employees' understanding and appreciation for their benefits package will improve dramatically. This leads to improved morale and greater productivity, and that translates into lower costs.

Save Money

1. Greater job satisfaction means:

• Decreased employee turnover
• Increased productivity

2. Benefit statements lessen demand for greater wages and benefits

3. Fringe Facts Online benefit statement service lowers the cost of effective benefit communication

Improve Employee Participation. Online personalized benefit statements will help increase employee participation in contributory 401(k) plans where lower levels of participation can lead to disqualification or lower contribution levels for highly compensated employees. Many employers have found that participation in their 401(k) plans is greater when employees are able to see the tax and other advantages of being in the plan.

High-Tech communications tool...

You may provide these statements to your employees over the Internet or from your company Intranet using the Fringe Facts® Online benefit communication service. Online benefit statements are the new "high-tech" employee benefit communications tool everybody is talking about. Employees may view their statements on the Internet from home or at work any time they wish.

Fringe Facts Online benefit statements have the advantage of being updated more frequently than traditional paper statements, and the cost to provide them can be substantially lower than the cost of printing and mailing a paper statement. Employees can access their benefit statements as often as they wish.

When updated frequently, online benefit statements more accurately reflect the current status of an employee's benefits. This allows an employee to see the impact of changes in compensation or benefits as they occur instead of waiting up to a year or more to see them.

You don't need your own company Intranet or Website to make this service available to your employees. We take care of everything for you. We provide your company with a secure, professionally maintained employee benefit Website.

If you have your own company Intranet or Benefits Website, employees are able to receive this service right from your own self-service HR Web pages on your company Intranet. Employees without access to the Internet from home or at work, may view them on a company provided benefit "kiosk" or may be given a printed version of the online benefit statement.


More than just benefit statements...

Fringe Facts Online is more than just a benefit statement communication service.

With Fringe Facts Online, you'll simplify and speed-up benefit enrollments with online benefit elections and employee data change forms. By allowing your employees to enroll online, you'll cut your HR/benefits staff time and reduce errors. Employees may enroll from the comfort of their own homes as well as from work. Having the employee's spouse involved with the enrollment process can also be a big morale builder.

Provide investment election forms, COBRA notification letters, lists of medical providers, employee surveys, Summary Plan Descriptions, your company newsletter, and more!

You can also provide your employees with online versions of your employee policy manuals and handbooks, cafeteria or 401(k) plan illustrations (showing the tax savings when an employee participates in these plans).

Think of the convenience by having online benefit enrollment forms, plan documents, and reference materials all available in one place. Imagine what your savings in printing and distribution costs will be by making all of these available online.

Cut Costs and Improve Morale!

Fringe Facts Online Benefit Statements Will...

• Improve Morale
• Increase Job Satisfaction
• Decrease Pressure for Higher Wages
• Lower Employee Turnover and Retain Key Employees
• Develop Appreciation for High Cost of Benefits

Comprehensive Online Statements Show...

Message from the employer Detailed cost of each benefit Total benefit cost Annual salary Actual realized income Percentage of benefits to income

Description of each benefit Amount of each benefit Retirement plan values Projected Social Security Miscellaneous benefits

 Main Features and Benefits...

• Online personalized benefit statements show each employee all benefits provided by the employer
• Shows the cost of each benefit or the cost if the employee had to pay for the benefit outside the plan
• Shows the employee how much the total benefits package is worth and adds the "hidden paycheck" to the employee's regular pay
• Printed Management Reports show comprehensive summaries of all benefits by employee group and also can produce "what-if" analysis
• Employee data may be easily transferred from the company payroll, human resources information system, or from other sources
• Unlimited number and types of benefits may be illustrated
• The online benefit statement service pays for itself the first time you use it!

Optional Services...

• Medical, life, dental, AD&D, Cafeteria, 401(k), and other benefit plan enrollment forms
• Cafeteria and 401(k) Plan After-Tax Take-Home Pay Comparison Calculators allow employees to see the tax advantages of contributing to the plan
• Employee Survey Forms allow you to gather important information from employees. Let them tell you what they think about your benefits package and other aspects of your policies, procedures, and management practices
• Summary Plan Descriptions may be made available online. Save your organization hundreds or thousands of dollars by eliminating printing and distribution costs when you provide these and other documents online
• Paper-based benefit statements for employees without access to online services

Excellent Customer Service...

• Technical support provided on toll-free 800 phone lines
• Knowledgeable technical support staff is available to help you Monday through Friday, 7:30 AM to 3:30 PM (Pacific Coast Time)

Buy with Confidence...

• Our professional staff have many years of human resource, insurance, data processing and employee benefit communications experience
• All work is 100% guaranteed. If you are not satisfied for any reason, you may cancel the service at any time and receive a pro-rata refund for the remaining unused period of time

A few words about security...

To guard against unauthorized use, our site features the latest in Internet security technology. Fringe Facts Online is accessed from a secure Web server. Sensitive data is encrypted (scrambled) to assure total privacy. This security is provided through the use of Secure Sockets Layer (SSL) technology -- the standard for secure communications on the Web. This is important whenever confidential salary and other benefits related information is provided on the Internet and ensures the highest levels of confidentiality.


How much does the service cost?

Fringe Facts Online can pay for itself the first time you use it! When you consider the cost savings by avoiding the printing and distributing expenses for many of the benefits related materials you normally provide to your employees, and add in the savings to your HR department by automating routine transactions and eliminating many questions, you'll see how quickly Fringe Facts Online can cut your costs.

The cost to provide your employees with this outstanding service will depend on several factors such as the number of employees in the organization, how complex your benefit package is, how often you want to update the information and which optional services you want to provide your employees. After you have completed your tour of the Online demo we will be happy to provide you with a custom quote for your organization.

View a sample online benefit statement...

The sample Riverton Industries online benefit statement for Jennifer Nelson (a fictitious employee of a fictitious company) is an example of a Web-based benefit statement you can provide your employees with the new Fringe Facts Online benefit statement service.