Skip to main content

HANYS Benefit Services' Carol A. Idone Receives Prestigious SPARK Advisor Award


Vice President,
Client Relationship Management and Consulting,


Honored for
Leadership in "Plan Design & Administration Innovation"








HANYS
Benefit Services (HBS) is pleased to announce that Carol A. Idone, CFP®, AIF®,
Vice President, Client Relationship Management and Consulting, is the recipient
of the 2017 SPARK Advisor Award: Plan
Design & Administration Innovation. 










This award
is presented annually by The SPARK Institute, Inc., to a retirement plan
advisor in the United States who "demonstrates leadership in designing
plans and administrative processes that improve participant outcomes while
managing plan costs." The SPARK Institute helps to shape national
retirement policy by providing research, education, testimony, and comments on
pending legislative and regulatory issues to members of Congress and relevant
government agency officials. Its members serve approximately 85 million participants
in 401(k) and other defined contribution plans. 








Ms. Idone
brings more than 20 years of experience in the financial services and
retirement planning field to HBS. She has particular expertise in working with
healthcare-focused and not-for-profit organizations. Prior to joining HBS in
2013, Ms. Idone worked at The Hartford and AIG Valic. She previously served as
Chief Financial Officer and Senior Vice President of Finance at Seton Health
System in Troy, New York, and as a Certified Public Accountant at KPMG in
Albany, New York.  




 




"My
background has allowed me to see these plans from every angle, and the advising
done at HBS is unique in part because of that technical expertise," Ms.
Idone said. "I truly enjoy having the opportunity to help our clients
develop the plans that will serve their employees most successfully, and I
thank The SPARK Institute for this recognition."  









"Carol
is an extremely dedicated professional and so deserving of this
recognition," said James J. Kelley, President, HBS. "Our clients
benefit from her expertise and skill in producing unique analysis and reports
in various areas, but especially benefit from her plan design modeling.”









HANYS
President Bea Grause echoed Mr. Kelley's sentiments. "Carol's expertise is
invaluable to our members. We are grateful for her leadership and her
commitment to HBS' member-focused philosophy."









Ms. Idone’s
expertise can be found in her whitepapers on participant outcomes, and she has
been quoted by industry-leading publications.













If you have any questions, please contact Carol directly via our website, or by calling (800) 388-1963.



Popular posts from this blog

What is HR vendor management? Overview with scenarios

Vendor management can be a litigious environment where efficiency, transparency and risk mitigation are paramount. With the right advisor in your organization’s corner, you’ll feel more confident navigating vendors and managing their services, ensuring streamlined processes and strategic alignment.   In this blog post, we'll cover the basics: What vendor management in HR entails, why it's important, how it can transform businesses and some scenarios in a few business types. Level up your knowledge and find the right partners to thrive.  Understanding vendor management in HR  Vendor management in HR involves the systematic management of third-party suppliers who provide goods and services essential to HR operations. This includes managing contracts, ensuring compliance with service level agreements and optimizing vendor performance to align with a company's long-term business goals.  A robust vendor management strategy can provide organizations with a structured ...
Read more

Employee Benefits Offerings: What Perks Can You Add?

Employee benefits can play a crucial role in attracting and retaining top talent. Beyond compensation and bonuses, offering a variety of perks can significantly enhance employee satisfaction and productivity. But what should you include in your employee benefits offerings?   What are employee benefits?   Employee benefits encompass compensation, bonuses and various perks outside an employee's wage. By offering flexible employee benefits, you can improve employee productivity and loyalty while attracting and retaining talented candidates.   Personalized benefits examples   The type of benefits offered can vary by industry. We've compiled some of the most popular options to help you explore possible employee benefits strategies .  1. Social opportunities   Employee perks don't always have to be tied to a benefits package. Sometimes, the best way to engage your employees can be through social opportunities. Group activities can help im...
Read more

What is Risk Management? 4 Key Topics to Know

Understanding risk management in retirement programs  Managing a retirement program is complex, with multiple layers of risk. For organizations and their leadership, understanding and mitigating these risks is crucial to ensuring the long-term success and reliability of these programs.   It often leaves human resource professionals, employers and program administrators questioning, "What is risk management, and how can we excel at it?"  This blog post explores the various aspects of risk management in retirement program administration and provides actionable insights to help organizations better manage these risks.  The importance of risk management  Retirement programs are designed to benefit participants and beneficiaries, but they come with their own set of risks. These risks can be broadly categorized into four main topics:  Fees  Administration  Investments  Cybersecurity  Each of these topics requires meticulous attention and ...
Read more