Cafeteria and Flex Plan Administration
When it comes to health benefits, your employees value flexibility, options and tax savings. By offering your employees a Cafeteria Plan or a Flexible Spending Account (FSA), you will be able to provide them with all of those advantages while positioning your company to receive generous corporate tax savings. Beene Garter assists employers in the design and administration of Cafeteria and FSA Plans no matter how simple or complex.
Our cafeteria and flex plan administration services include:
- Review and approval of employee claims
- Preparation of disbursement checks for signature
- Annual discrimination testing
- Preparation of individual participant account statements
- No minimum check amount needed to receive reimbursement
- Balance included on check stubs or individual statement via the web
- 24-hour online access for easy access to, verify elections, account balances, claim forms, qualified expense directory, change in status rules, tax savings calculator, claim filing information and Beene Garter contact information
