Cafeteria Plans (Section 125 Plans)

Many employers offer a Section 125 or “Cafeteria Plan” to their employees. Under Section 125 of IRS code, a Cafeteria Plan offers employees the option of using pre-tax payroll dollars to pay premiums for traditional and voluntary benefits.

As health care costs escalate, employers have responded by shifting a portion of the rising costs to the employee through higher deductibles and copayments.

A Cafeteria Plan is one way to allow your employees to recover some out of pocket expenses while helping your bottom line at the same time.

Our focus is to assist your company in reducing the costs and time associated with your Cafeteria Plan by providing administration services – in many cases, at no charge to you.

As your Cafeteria Plan Representatives we can:

• Design a Cafeteria Plan tailored to meet your company’s needs.
• Provide necessary documents relating to your plan.
• Communicate the program to your employees.
• Provide assistance with the necessary testing and compliance regulations required by the IRS
• Recommend professionals who specialize in Flexible Spending Programs, upon request.