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- We provide plan documents and amendments or
changes as required by changes in law or regulations.
- Discrimination Testing
We perform the cafeteria plan concentration test.
We perform the dependent care assistance concentration and benefits test.
We perform the medical reimbursement concentration test.
- Complete annual IRS Form 5500, for filing with
the Department of Labor, ready for your signature (if required).
- Establish an electronic database for
maintaining the company's files.
- Update the company's database monthly for
employee changes (i.e. terminations, newly hired employees, benefit
election changes.
- Provide an administrative manual for each
employer.
- Claims Payment:
Process claims.
Print claims checks for employer's signature.
Provide explanation of benefits for each claim.
Provide new claim form and return envelope.
Provide employer claims reports.
- Statements:
Provide monthly flex account financial statement.
Provide monthly employee account statements.
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