The document discusses the challenges third party administrators and consultants face in 2013 related to benefits administration and increasing competition. It then summarizes how an online benefits administration solution called eLect can help by providing a cost-effective and flexible platform that is easy to implement and use. eLect offers options for administrators to fully manage client benefits or license the software privately. The solution aims to be up-to-date with regulations and support payroll processors. Key features highlighted include an implementation wizard, content management, secure messaging, role-based administration tools, and data import/export capabilities.