FLEXIBLE BENEFITS

SECTION 125 ADMINISTRATION

Employers today are faced with many challenges, including meeting the needs of a changing workforce. Even if you offer a substantial benefits program to your employees, they are still faced with escalating out-of-pocket health care expenses. Establishing a flexible benefits program will help them bridge the gap and save money. Your employees will have a higher appreciation for their increased spendable income.

Whether you employ 20 or 200 employees, or more, our team of Flexible Benefits specialists offers effective and time saving solutions that will not only help you with benefits administration, but also assist you in attracting and retaining quality employees. Furthermore, pre-tax contributions to a Flexible Spending Account (FSA) by your employees reduce your gross payroll, resulting in a reduction of your workers’ compensation premium!

We offer consultation for:

  • Plans specifically designed to meet your needs and to ensure IRS regulation compliance
  • Customized communication tools, including effective enrollment meetings resulting in higher plan participation
  • Provide all necessary documentation for Internal Revenue Code compliance
  • Maintain confirmation of employee eligibility and employee elections
  • Process Flexible Spending Account reimbursement checks, including monitoring for accuracy and validity
  • Provide ongoing activity reports to employers/employees
  • Preparation of annual IRS Form 5500
  • Legislative Updates
For more information, please contact:

Chuck Cotter
Principal
(858) 587-7494