Sparks, Md. – Effective June 1, 2011, Associated Administrators, LLC and Benefit Systems Management, Inc., both Maryland-based Third Party Administrators, are happy to announce a new partnership.
Mr. Barry A. Kuhne, President of BSM is retiring for health reasons. He began to search a few months ago for value added services for his clients and staff. Mr. Kuhne and Laura Walsh, CEO of Associated, along with her Executive Leadership Committee, determined that a partnership would provide a seamless transition, as well as a win-win situation for both companies. They finalized the agreement on May 10, 2011.
The companies both operate on the Basys software platform, have several Fund vendor relationships in common, and – most importantly – have always had the same service – first approach with their Taft-Hartley clients. Associated, now including the experienced staff of BSM, is the largest independent TPA providing services to self-funded Plans in the Mid-Atlantic area. Together, the firms look forward to continuing their mutual tradition of high quality benefits administration for Trustees and participants.
Laura L. Walsh,
CEO Associated Administrators, LLC