Allied Sheet Metal Works
Your Blue Cross renewal vs. LBMC
Benefits starting December 1, 2026
Prepared October 27, 2026 by Beverly Griffin and Caleb Sherrill, Contemporary Benefits Advisors · Confidential
Today
Your two questions from yesterday
1
“How does it work when my people are on LBMC’s paperwork?”
What changes, what stays the same, and how you’d get out.
2
“Can my employees stay whole?”
What they’d pay out of pocket, prescriptions, and how an HSA can help.
Then: what it all costs, and what happens next.
Allied Sheet Metal Works · Contemporary Benefits Advisors · Confidential
Your first question
How a PEO works
LBMC becomes the employer on paper for payroll, taxes and benefits. That lets Allied buy benefits as part of one large group, at large-group prices. You keep running the business.
Stays the same
- You run the business: hiring, firing, pay, schedules and culture
- Your job-costing system and time clock; you keep entering hours
- Your workers’ comp, property and liability policies
- Your 401(k), with your current provider (confirming with LBMC)
Changes
- Payroll moves from ADP to LBMC
- W-2s and pay stubs show LBMC
- Medical moves to BlueCross BlueShield of Tennessee
- Dental, vision, life and disability move to LBMC’s plans
Allied Sheet Metal Works · Contemporary Benefits Advisors · Confidential
Your first question
Your contract, and how you’d leave
12 months
Then month to month
We’re asking LBMC about month to month from day one.
$14,400 a year
One LBMC fee
$98 per employee a month, $1,200 monthly minimum. Stays at $14,400 with 12 or fewer employees. Includes payroll and HR support.
Once a year
Benefits renew
Rates hold for 12 months, then renew like any insurance. First renewal: December 1, 2027.
We’re getting all of this from LBMC in writing. CBA stays your team and holds LBMC accountable.
Allied Sheet Metal Works · Contemporary Benefits Advisors · Confidential
Your second question
The plans, side by side
| In network | Renew Blue Cross | LBMC Plan 4 (recommended) | LBMC Plan 3 (richer) |
|---|---|---|---|
| Network | BlueHPN, in network only | BCBS of Tennessee, plus out of network | BCBS of Tennessee, plus out of network |
| Deductible | $6,000 / $12,000 | $5,500 / $11,000, lower | $4,000 / $8,000, lowest |
| Coinsurance | 30% | 20%, lower | 30%, same |
| Out-of-pocket max | $8,300 / $16,600 | $8,000 / $16,000, lower | $6,500 / $13,000, lowest |
| Prescriptions | 30% / 30% | 40% / 50%, higher | 30% / 30%, same |
Deductible and out-of-pocket max are single / family. Prescriptions are generic / brand, after the deductible. Both LBMC plans work with an HSA.
Allied Sheet Metal Works · Contemporary Benefits Advisors · Confidential
Medical
Monthly rates by coverage
| Monthly premium | Renew Blue Cross | LBMC Plan 4 | LBMC Plan 3 |
|---|---|---|---|
| Employee only (4 on the plan) | $718.24 average | $488.19 | $549.75 |
| Employee + spouse (2) | $1,915.13 average | $955.17 | $1,075.84 |
| Employee + children (none today) | Age rated | $828.69 | $933.36 |
| Family (1) | $1,637.72 | $1,378.37 | $1,552.60 |
| Medical, per year | $100,091 | $62,898 | $70,839 |
| vs. renewing | Starting point | $37,193 less | $29,252 less |
Blue Cross prices each person by age, so averages are shown. Today you pay $81,795 a year for medical.
Allied Sheet Metal Works · Contemporary Benefits Advisors · Confidential
Your second question
How an HSA works
Both LBMC plans come with a health savings account (HSA): an account in each employee’s own name, for medical costs.
1
Allied puts money in
You choose the amount. It’s tax-free for the company and the employee.
2
Employees use it for care
The deductible, prescriptions, doctor visits, dental and vision.
3
What’s left is theirs
It rolls over every year and stays with them, even if they leave.
Employees can also add their own money from each paycheck, before taxes.
Allied Sheet Metal Works · Contemporary Benefits Advisors · Confidential
Your second question
HSA options: company cost and employee cost
| Per year | Plan 4 | Plan 4 + $1,000 HSA | Plan 3 + $1,000 HSA | Plan 3 + $2,000 HSA |
|---|---|---|---|---|
| HSA deposits from Allied | None | $7,000 | $7,000 | $14,000 |
| Company cost, all in | $81,013 | $88,013 | $95,954 | $102,954 |
| Saves vs. renewing | $30,877 | $23,877 | $15,936 | $8,936 |
| Employee pays before coverage starts | $5,500 | $4,500 | $3,000 | $2,000 |
| Prescriptions | 40% / 50% | 40% / 50% | 30% | 30% |
Company cost includes medical, dental, LBMC’s fee and the HSA deposits for the 7 employees on the plan. Renewing Blue Cross costs $111,890. Employee cost is the single deductible, less the deposit; family deductibles are higher.
Allied Sheet Metal Works · Contemporary Benefits Advisors · Confidential
Dental
More coverage for about half the price
| In network | Humana renewal | LBMC Mid (closest) | LBMC High (richer) |
|---|---|---|---|
| Yearly max per person | $1,500 | $2,000, higher | $3,000, higher |
| Basic / major work | 80% / 50% | 80% / 50%, same | 90% / 60%, better |
| Orthodontia | Not covered | $1,500, kids under 19 | $1,500, kids under 19 |
| Employee only, monthly (5) | $57.65 | $26.07 | $40.85 |
| Employee + spouse (1) | $115.30 | $55.40 | $86.77 |
| Employee + children (none today) | $147.01 | $55.76 | $87.35 |
| Family (1) | $204.67 | $123.82 | $193.94 |
| Per year | $7,299 | $3,715, saves $3,584 | $5,820, saves $1,479 |
All three: $50 deductible, cleanings and x-rays at 100%. Delta Dental rates shown; MetLife offers the same plans. Humana covers 4 cleanings a year; we’re confirming LBMC’s count.
Allied Sheet Metal Works · Contemporary Benefits Advisors · Confidential
Vision, life and disability
The rest of the package
Vision
| In network | Humana 200 | LBMC High |
|---|---|---|
| Exam / lenses | $0 / $0 | $10 / $10 |
| Frames | $200 / 24 mo | $225 / 12 mo |
| Contacts | $200 | Up to $225 |
| Employee only, monthly | On invoice | $9.30 |
| Employee + spouse | On invoice | $18.36 |
| Employee + children | On invoice | $17.73 |
| Family | On invoice | $28.10 |
Life and disability, company paid
| Coverage | Guardian today | LBMC |
|---|---|---|
| Life and AD&D | $15,000; $1,591 a year | $10,000 at $2 per employee a month |
| Short-term disability | 60% to $500 a week; $2,208 a year | Being priced |
| Long-term disability | 60% to $2,000 a month; $3,388 a year | Being priced |
Your current vision rates are on your Humana invoice; we’ll add them. LBMC’s $25,000 life option is being priced.
Allied Sheet Metal Works · Contemporary Benefits Advisors · Confidential
What it costs
All in, per year
Renew Blue Cross
$111,890
$18,984 more than today
LBMC Plan 4
$81,013
Saves $30,877 a year
LBMC Plan 3
$88,954
Saves $22,936 a year
Today you pay $92,906 a year for the same coverage.
Medical, dental and payroll. Payroll is about $4,500 a year to ADP today and is included in LBMC’s fee. HSA deposits, if you choose them, are on the HSA options slide. Vision, life and disability aren’t in these totals yet.
Allied Sheet Metal Works · Contemporary Benefits Advisors · Confidential
Who saves: the company or your employees
LBMC plan
Compare with Blue Cross
Paychecks
Starts at an example split. Set it to what Allied pays today. Medical only, plus LBMC’s fee and the $4,500 you pay ADP now.
Total savings vs. the renewal, per year
$0
Employee only, per paycheck
$0Employee + spouse, per paycheck
$0Family, per paycheck
$0Company’s cost a year, with LBMC’s fee
$0What each person’s coverage costs, per month
| Person | Coverage | Blue Cross today | Blue Cross renewal | LBMC Plan 4 | LBMC Plan 3 | Plan 4 vs. renewal |
|---|---|---|---|---|---|---|
| A | Employee only | $358.13 | $432.44 | $488.19 | $549.75 | $55.75 more |
| B | Employee only | $422.91 | $521.24 | $488.19 | $549.75 | $33.05 less |
| C | Employee only | $771.36 | $939.60 | $488.19 | $549.75 | $451.41 less |
| D | Employee only | $788.01 | $979.67 | $488.19 | $549.75 | $491.48 less |
| E | Employee + spouse | $1,701.34 | $2,074.14 | $955.17 | $1,075.84 | $1,118.97 less |
| F | Employee + spouse | $1,434.34 | $1,756.12 | $955.17 | $1,075.84 | $800.95 less |
| G | Family | $1,340.19 | $1,637.72 | $1,378.37 | $1,552.60 | $259.35 less |
| Total | 7 on the plan | $6,816.28 | $8,340.93 | $5,241.47 | $5,903.28 | $3,099.46 less |
Blue Cross prices each person by age; LBMC charges one rate per coverage level, so younger employees can cost a little more. This is the full premium for each person’s coverage. What each person pays from their paycheck depends on how much Allied covers.
Allied Sheet Metal Works · Contemporary Benefits Advisors · Confidential
Next steps
Getting to December 1
Today
Walk through the options
This week
We close the open items; LBMC shows you their system
Early November
You decide and sign (LBMC’s date to be confirmed)
November
Employees enroll; payroll set up
December 1
New coverage starts; Blue Cross ends November 30
We’re confirming with LBMC, in writing
- The contract terms, and how you’d exit
- The $14,400 yearly fee
- Rates start December 1 and hold 12 months
- Your 401(k) stays with your current provider
- Which network NC members use, and the doctor lookup
What we need from you
- Your family’s prescriptions and doctors
- How much you’d like to put into HSAs
- What Allied pays toward each coverage level
- Total headcount, including anyone who waives
- ADP’s quote, when it comes in
Beverly Griffin (704) 218-2899 · beverly@c-ben.com · Caleb Sherrill, PEO options, 704-787-1261
The full side by side
| Per year | Today | Renew Blue Cross | LBMC Plan 4 | LBMC Plan 3 |
|---|---|---|---|---|
| Medical plan | BlueHPN, $6,000 / 30% | BlueHPN, $6,000 / 30% | BCBS TN, $5,500 / 20% | BCBS TN, $4,000 / 30% |
| Out-of-pocket max | $8,300 | $8,300 | $8,000 | $6,500 |
| Prescriptions | 30% | 30% | 40% / 50% | 30% |
| Medical | $81,795 | $100,091 | $62,898 | $70,839 |
| Dental | $6,611 | $7,299 | $3,715 | $3,715 |
| Payroll (ADP) | $4,500 | $4,500 | Included | Included |
| LBMC fee | None | None | $14,400 | $14,400 |
| Total per year | $92,906 | $111,890 | $81,013 | $88,954 |
| vs. renewing | $18,984 less | Starting point | $30,877 less | $22,936 less |
| vs. today | Starting point | $18,984 more | $11,893 less | $3,952 less |
Medical plan shows network, single deductible and coinsurance. Dental is LBMC Mid. Payroll is about $4,500 a year to ADP, included in LBMC’s fee. Vision, life and disability aren’t in these totals yet.
Allied Sheet Metal Works · Contemporary Benefits Advisors · Confidential