Benefits Administration
Supporting Employee Security and Organizational Compliance.
Managing employee benefit funds is a vital component of your company’s financial operations. Our Benefits Administration solutions are built to simplify trust fund handling, offer specialized advisory services, and ensure adherence to all statutory guidelines. With a skilled team managing the details, you’re free to concentrate on your business goals while we ensure accuracy, transparency, and compliance in benefits operations.
At AscentHR, we focus on delivering dependable benefits services that promote employee financial wellness and meet regulatory standards. Our commitment to service excellence enables your organization to remain compliant and your workforce supported.
A Full-Spectrum Approach to Trust and Fund Management.
Trust Fund Accounting & Disbursement
We manage the accounting and settlement of employee benefit trusts, delivering detailed updates during board reviews—covering fund balances, interest accruals, and payouts. Our reporting ensures you have clear visibility at every step.
Specialized Advisory
Support
Our consultants help you choose the most effective method of fund management—whether through a dedicated trust or a regional EPFO. We tailor our guidance to your organization’s unique structure and compliance needs.
Trust Lifecycle
Services
From establishing new trusts to managing closures, we provide end-to-end support. This includes drafting resolutions, coordinating audits, and liaising with departments such as Income Tax and Provident Fund for full legal compliance.
Employee Documentation & Nominations
We manage onboarding documentation, including nominations, with meticulous attention to accuracy and record-keeping—helping your business fulfill legal obligations without administrative strain.
Management of Retirement Benefits
Our team oversees the proper handling of retirement-related funds, such as gratuity and superannuation, ensuring they are accrued, maintained, and disbursed reliably and securely.
Provident Fund Loan & Exit Processing
We administer the PF loan application and closure processes, making it easy for employees to access entitlements during service or upon exit—while ensuring accurate, compliant execution for your organization.
Contact us today to explore how our services can meet your organisation’s benefits administration requirements.