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Plan setup and ongoing administration is easy with our turnkey service.
We provide assistance with:
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Plan Consulting.
Upon receiving your application,
a plan specialist will contact you about plan options. |
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Plan Set Up.
The setup kit includes a checklist for executing plan
documents. For existing plans, the service also includes
a plan review and amendment, if needed. |
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Employee Enrollment.
This service includes educational materials and
enrollment forms. Confirmation of election letters,
claim forms, and instructions for filing are provided to
all participants. |
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Account Management.
Services include account balance tracking and claims
adjudication. |
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Participant Assistance.
Employees have 24-hour access to their accounts on the
internet and daytime access to our account service
representatives. Employee statements are available by
mail. |
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Annual Plan Compliance.
Services include reconciliation and reporting of
employee account balances, plus compliance with
discrimination testing requirements. We also provide
assistance with filing requirements for Form 5500. |
You can start an FSA at any time.
Plus, you can have a short plan year for the first year so that future plan years coincide with
either your fiscal year, calendar year, or health plan. The choice
is yours.
To set up your FSA plan, click here. One of our representatives will
contact you to design a custom FSA plan and set up administrative
procedures.
 Since
employee participation is vital to the success of this plan, we
recommend your plan be implemented no sooner than one month after
the FSA application is submitted. We will educate and enroll your
employees while you simply watch the savings multiply for you and
your employees.
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