integrated benefit solutions

Group Benefits

Employee benefits are a cost of doing business, especially in today's competitive employment market. Very often they can be the determining factor in attracting and retaining top quality employees.

Group Health and Dental Plans

Cost effective innovative plans for business with 1 to 100 employees!

We are independent brokers able to work with all group benefit providers throughout Canada and we have a preferred partnership with GroupHEALTH Global Benefit Solutions. We have a full range of benefits and fully consolidated billing administration that can include BC’s provincial MSP and Group RRSP contributions. We offer choices and options which can be tailored for each client and every employee group within your company. With no ties to any one insurer, we are able to provide your company with the most competitive quote in the industry.

We can offer the following benefits for you and your employees:

  • Life Insurance
  • Accidental Death and Dismemberment
  • Weekly Indemnity
  • Long-term Disability
  • Extended Health Care
  • Dental
  • Orthodontics
  • Critical Illness
  • 24 hour Employee assistance programs

Group Retirement Plans

Saving is easier in a group, and employees will realize the tax savings immediately!

In a group registered retirement savings plan (RRSP) an employer offers the option to employees to contribute and be a part of the plan – there is no mandatory enrollment. The employee gets to decide the size of the contribution (whether it be a regular fixed amount of a percentage of monthly income) and the employer (through payroll) deducts the amount accordingly. The contribution is then deposited into the employees’ individual investment account. 

The main difference of a Group RRSP v. an individual RRSP is that the contributor realizes the tax savings immediately, instead of having to wait till the end of the tax year. A Group RRSP reduces taxes at source and therefore provides the difference as extra take-home pay to be spent or saved as the employee pleases.

Tax Advantage – Employee Contribution
Example – employee earning $40,000 annually:

No Group RRSP

Group RRSP

Monthly Salary

$5,000

$5,000

GRRSP Contribution

$0

$500

Taxable Amount

$5,000

$4,500

Tax Deducted At Source

$-1,275

$-1,125

Take Home Pay

$3,750

$3,375

The above table compares an employee who contributes to a Group RRSP to one who does not. For every $500 monthly contribution to a Group RRSP, take home pay is reduced by only $375 because the tax deducted at source is $150 less.