ORLANDO, Fla., Feb. 25, 2014 /PRNewswire/ -- PlanSource, a cloud-based provider of benefits administration, exchange, payroll, and HRIS solutions to employers, today announced that it has been selected as the employee benefits administration platform for Entertainment Partners (EP), the leader in payroll, residuals, and production services. EP is the largest company of its kind in the entertainment industry, serving well over 100,000 employees for top film studios and major independent companies. EP collaborates with its clients in a number of ways that enhance efficiency and productivity for their productions.
"Our selection by a firm like Entertainment Partners clearly demonstrates our leadership position in employee benefits administration," said Phil Carollo, executive vice president of sales for PlanSource. "EP was looking to quickly implement an advanced benefits administration solution to manage benefits and health care reform compliance with a large and diverse client base, and they needed the ability to scale at their own pace. They're a company that's built on service, and using PlanSource technology enhances their ability to provide the high level of service their clients need. Additionally, they expect great service from their technology partners, so having 'Exceptional Customer Service' as a core value and deliverable of PlanSource is an important part of our relationship."
"During our selection process, we were focused on finding a solution that provided cutting edge technology and also made it easy to keep compliant with the Affordable Care Act requirements," said Mark Goldstein, President and CEO of Entertainment Partners. "However, we also needed a company who could deliver a quick, smooth implementation that met the high standards our clients have come to expect. We found it all in PlanSource."
The Affordable Care Act (ACA) presents challenges for the entertainment industry. EP leveraged its relationship with Lockton Companies, the world's largest, privately owned benefits consulting and brokerage firm, to co-develop a program tailored to support the unique needs of the industry. "At Lockton we're always looking for the right solution to help solve our clients' problems. In this case, it was a private insurance exchange and PlanSource was an ideal fit for EP," said Lissa Thomson, senior vice president of Lockton's California employee benefits practice.
EP also looked to Lockton's experts to advise the company in their selection of a benefits administration platform. "Lockton has a successful, proven partnership in place with PlanSource that gave EP the confidence in this selection," said Thomson. "As a consultant, we had experience working with both companies, and we knew PlanSource's best-in-class technology was a perfect fit for EP."
PlanSource is a cloud-based, on-demand software provider that revolutionizes the way healthcare and employee benefits are bought, sold and managed with a comprehensive array of integrated services including benefits administration, decision support, payroll, and HRIS technology. PlanSource technology solutions are delivered through strategic insurance carriers, brokers and exchanges who partner with PlanSource in order to increase their retention rates, revenue, and the overall value they bring to their customers. For information, visit http://www.plansource.com.
About Entertainment Partners
Entertainment Partners is the global leader in entertainment payroll, residuals, tax incentives, finance and other integrated production management solutions with 17 offices in the U.S., Canada, London and Tokyo. Combining its comprehensive capabilities, extensive resources, and unparalleled industry experience, EP collaborates with clients to help them produce the most cost-effective and efficient film, television, digital and commercial projects. The company also provides casting and payroll for background actors through its legendary Central Casting division, a Hollywood icon since 1925. Established more than 35 years ago, EP is a 100% employee-owned company where each employee has a vested interest in upholding the company's highest standards of service, integrity, transparency and accountability.
More than 4,950 professionals at Lockton provide 35,000 clients around the world with risk management, insurance, and employee benefits consulting services that improve their businesses. From its founding in 1966 in Kansas City, Missouri, Lockton has attracted entrepreneurial professionals who have driven its growth to become the largest privately held insurance broker in the world and 9th largest overall. Independent researcher Greenwich Associates has awarded Lockton its Service Excellence Award for risk management for large companies. For five consecutive years, Business Insurance has recognized Lockton as a "Best Place to Work in Insurance." To see the latest insights from Lockton's experts, check the Lockton Health Reform and Compliance Services Blog.