Employee Benefit Solutions
Member Services
Employers are introducing new benefits and enhancing existing ones to recruit and retain talent amid an ongoing workforce shortage. AWB’ s member services gives Washington employers the tools they need to compete in the post-pandemic job market.
AWB’ s CompWise program is one of the state’ s topperforming workers’ compensation retrospective ratings programs. In 2024, the CompWise program returned nearly $ 12 million to participating members.
Employee Benefit Solutions
HealthChoice Health Plan
Created at the request of AWB’ s small business members more than 20 years ago, the HealthChoice association health plan has been a leading health insurance option for employers across Washington state. Historically, of the more than 3,000 participating employers, all of them small businesses, about 40 percent were previously uninsured.
MyFuture 401( k)
Big company retirement savings plans are available for small companies through AWB’ s My Future 401( k) plan. It’ s an affordable and seamless way for employers to save for their retirement and offer a retirement savings plan to employees. My Future 401( k) eliminates barriers and reduces the administrative hurdles, making it a good retirement savings plan option for you and your employees.
CompWise Retrospective Rating
Launched in 1996, AWB’ s CompWise workers’ compensation retrospective rating program helps employers reduce their net workers’ compensation costs. Comprehensive services include effective claims management, return-to-work programs, safety consulting and compliance assistance. To date, the program has issued $ 135 million in premium refunds to AWB CompWise members. Additionally, as part of the program, participants have access to online Safety Academy courses that cover everything from ergonomics to chemical hazard communication. awb annual report 2024 | p. 21