Plan Installation

• Collect Pertinent Data and Establish Plan Records
• Preparation of Plan Document
• Preparation of Suggested Board Resolution
• Draft a Summary Plan Description
• Provide Administrative Forms
• Preparation of Communication Material for Employees
• Provide Employee Enrollment Worksheets and Excel Template
• FSA Video for Employee Education
• Payroll Set-up Assistance

Monthly Administration

• Enrollment Packages
• Confirmation of Elections
• Claim Kits
• Weekly Claims Processing with automatic bank deposit capabilities
• Change-of-Status Evaluation
• Year End Reminder Notices
• Individual Employee Consultation
• Individual Employee Record keeping

Internet Access

• Employer/Employee Educational & Administrative Tools Online 24/7
• Online Enrollment
• Change of Address Online
• Verify Elections Online
• View Account Activity Online
• Calculate Tax Savings Online
• View Qualified Expenses Online
• View Change-in-Status Rules Online

Employer Compiance and Reporting

• Import Electronic Spreadsheet file for Employee Elections
• Process Contributions using Excel Spreadsheet or Hardcopy Worksheet
• Quarterly Employer Report
• Plan-Year-End Summary for Employer
• Preparation of Signature Ready Tax Form 5500, as needed
• Semi -- Annual Discrimination Testing

Plan Design Consulting (Optional)

• Develop Flexible Compensation Plan Objectives with Management
• Analyze Benefit History Impact on Plan Design
• Review Profile of the Organization
• Employee Meetings
• Provide Plan Design Alternatives
• Meet with Management to Review Recommendations