BENEFITS ADMINISTRATION

Payroll Systems Administration Services can enhance your employee benefits offerings while reducing HR time and cost:

• Section 125 plans including FSA and POP plans
• Section 105 HRA plans
• COBRA Administration
• Section 132 Commuter/Transit Reimbursement Plans

We deliver employee benefits service solutions tailored to your organization through streamlined administration, dedicated customer service, and clear employee communication resources.

FSA and POP Plans

Under IRS Section 125, Flexible Spending Accounts (FSAs) and Premium Only Plans (POPs) allow employers to enrich their benefit offerings by providing employees the ability to pay for qualified medical and dependent care expenses with pre-tax dollars while reducing employer payroll tax and workers’ compensation costs.

HRA Plans

As a stand alone account or partnered with a medical plan, a Health Reimbursement Arrangement (HRA), sanctioned under IRS Section 105,
allows employers to offer tax deductible contributions for tax-free reimbursement to employees for pre-determined medical expenses.
Payroll Systems’ HRA plan administration meets the San Francisco
Health Care Security Ordinance requirements.

COBRA

The complexity of the Consolidated Omnibus Budget Reconciliation Act (COBRA) presents administrative challenges to employers and penalties
for non-compliance that have potentially devastating consequences. Payroll Systems offers administration solutions that adhere to constantly changing legislative requirements.

Employer Services

• Experienced Staff with the support of expert legal and tax counsel
• Complete Plan Administration, including:
  • Plan Document
  • Summary Plan Description
  • Claims Adjudication
  • Plan Elections
  • Changes
  • Terminations
• Educational Seminars
• Employer Reporting (weekly, monthly, annually)
• HIPAA & HITECH Compliant
• 24 / 7 / 365 Online Account Access
• Plan Non-Discrimination Testing

Employee Services

• Dedicated Service Center for all benefit and claims inquiries
• Debit Cards for automatic claims payment at the time of purchase
  for approved medical expenses
• Convenient Claims Reimbursement Options via check, debit card,
  or direct deposit
• 24 / 7 / 365 Online Account Access

Online service or a real person on the phone—each and every time.

Download a printable version of our brochure.

Benefits Administration Services provided by Payroll Systems Administrative Services, CA Lic. 0G81274